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

National Investigation Committee Holds Group Hearing for Victims of Human Rights Violations in Socotra

The National Committee to Investigate Alleged Violations to Human Rights held on Tuesday a group hearing session for victims of human rights violations in Socotra Governorate.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Japan's LNG imports down 1.4 percent

Japan's liquefied natural gas (LNG) imports fell 1.4 percent to 64.98 million tons last year 2025, compared to 2024. according to provisional data released by the Japanese Ministry of Finance today, Thursday.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/01/28 Time 09:39:09
Latest News:

Minister al-Bakri Discusses Enhancing Joint Cooperation, Supporting Youth with U.S. Ambassador

Governor of Mahra discusses with U.S. Ambassador efforts to establish security, stability

Yemen's Water and Environment Minister Meets Dutch Ambassador

Vice Foreign Minister, South Africa Ambassador discuss joint cooperation

Aden Governor Meets UNICEF to Boost Cooperation on Child Welfare

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.