Yemen’s Ambassador Meets Morocco’s Minister of Solidarity, Social Integration
The Ambassador of the Republic of Yemen to the Kingdom of Morocco Ezzedine al-Asbahi met Saturday with Morocco’s Minister of Solidarity, Social Integration and Family Naima Ben Yahia.
Gaza Death Toll Rises to 73,317 as Israeli Assault Continues
The death toll from the Israeli occupation’s ongoing aggression on the Gaza Strip since October 7, 2023, has risen to 73,317, with 173,961 people injured.
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.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
User Name: Password:
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.


President al-Alimi Warns Houthis Against Continued Escalation
Al-Aradah Urges Higher Military Readiness to Defend the Republic
UN Chief Voices Concern Over Renewed Houthi Attacks on Commercial Shipping in the Red Sea
IMO Secretary-General Condemns Houthi Attacks as Threat to International Shipping
Yemeni Ambassador Says Houthi Attacks Serve Iran's Regional Agenda
Presidential Decisions Bring Historic Gains for Yemeni Women
Yemeni Ambassador, Chinese Official Discuss Houthi Threats to International Shipping
Republican Decree About Limited Cabinet Reshuffle in Dr. Shaya Zindani's Government
European Union: Houthi Militias Attack on Saudi Oil Tanker Unacceptable, Illegal
Qatar Strongly Condemns Houthi Militias Targeting Saudi Ship, Describing It Threat to Global Energy Security

About Saba News Agency | Usage Agreement | Contact Us