Yemen's national economy lost some $126 billion due to war, says senior official

Minister of Planning Seeks Further Yemeni-French Cooperation

The Minister of Planning and International Cooperation Dr. Mohammed al-Faqmi and the French Ambassador to the Republic of Yemen Katherine Corm Kammoun conferred over Yemeni-French bilateral relations and cooperation.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/03 Time 04:52:57
Latest News:

Armed Forces Down Three Houthi Drones as Fierce Clashes Erupt West of Taiz

Yemen Ambassador Discusses Houthi Threats with Czech Senator, Calls for Terrorist Designation

Yemen Calls for Unified Arab Strategy to Protect Trade Routes

Lahj Governor Discusses with UN-Habitat the Rehabilitation of 160 Homes, Service, Agricultural Projects ..

Planning Minister Discusses Strengthening Bilateral Cooperation with U.S. Embassy Chargé d’Affaires

Yemen's national economy lost some $126 billion due to war, says senior official

[05/10/2022 03:30]

AMMAN - SABA
Vice Minister of Planning and International Cooperation Dr. Nezar BaSoheib stated that the Houthi militias-triggered war has caused the national economy heavy losses estimated at approximately $126 billion, while national currency exchange rates depreciated more than 500% against foreign currencies.

He noted that unemployment percentage increased up to more than 35%, poverty reached nearly 78% therefore 80% of the populations have been seriously affected by the humanitarian crisis.

Dr. BaSoheib revealed these figures as he chaired today, Wednesday, the meeting of the Steering Committee of the Enhancing Economic Survival Project, funded by the European Union, carried out by the Organization of Cooperation and Economic Development (OECD.

A number of senior government's officials contributed to the discussions held in the Jordanian capital Amman.