Reconstruction's economic recovery priorities discussed in workshop in Aden

MASAM Removes 798 Landmines During First Week of June

The MASAM Project implemented by the King Salman Humanitarian Aid and Relief Center (KSrelief) to clear Yemeni land of mines has removed 798 landmines and explosive remnants of war during the first week of June.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/08 Time 08:29:40
Latest News:

Minister of Culture Discusses Strengthening Cooperation with Arab Tourism Organization

Planning Minister Discusses Activating Coordination Mechanisms to Support Development and Recovery Priorities ..

Prime Minister Receives Outgoing U.S. Ambassador

Yemen: Iranian Attacks on Bahrain Constitute Flagrant Violation of Kingdom’s Sovereignty, Security, ..

President al-Alimi Chairs Cabinet Meeting to Support Recovery Efforts, Regular Salary Payments

Reconstruction's economic recovery priorities discussed in workshop in Aden

[24/03/2019 04:17]

ADEN-SABA
A workshop held in Aden Sunday themed" Priorities of Reconstruction and Economic Recovery", organized by Ministry of Planning and International Cooperation.

The Head of EU Mission in Yemen Antonia Calvo and representatives of KSrelief Center, Emirati Red Crescent Society and donors contributed to the discussions.

Minister of Planning and International Cooperation Dr Najib al-Aweg cited the urgent priorities of Reconstruction and Economic Recovery. He also pointed out to the major challenges facing the reconstruction and economic recovery campaign.

The minister stated that the country implicit economic losses estimated at $ 50 billion over the past four years, besides direct and indirect damages to infrastructure.

He indicated that there are urgent projects funded by the World Bank with total cost up to $ 1.2. There are also other projects funded by Islamic Bank, Saud Fund and Saudi Program totaling 600 billion Yemeni Rial (YR) .

The minister stated that poverty percentage raised up to 78%, while 60% of the population are struggling with poverty and starvation as a result of the devaluation of the national currency value and the citizen lost nearly two third of his income over the past three years.