The Governor of the Central Bank of Yemen in the capital, Aden, "Ahmed Ghaleb Al-Maqbi", said that Yemen has lost more than six billion dollars of its resources, during the past thirty months, as a result of the cessation of oil and gas exports following the Houthi attacks on oil export ports, in the east of the country.
This came during his participation, along with Finance Minister Salem Ben Brik, in the meeting of central bank governors and finance ministers in the Middle East, North Africa and Pakistan countries on the sidelines of the 2024 annual meetings of the International Monetary Fund and the World Bank held in Washington.
During the meeting, which was chaired by the Director of the International Monetary Fund, Kristalina Georgieva, Al-Maqbi called, according to the Fund’s website, for the necessity of providing urgent support to Yemen and benefiting from the financing programs that the Fund provides to countries going through similar crises and the most fragile countries. He touched on the unprecedented humanitarian crisis that Yemen is experiencing due to the war, which is approaching the completion of its tenth year, and because of the unfavorable regional and international developments and their repercussions on the region and the world.
Al-Mu'baqi also confirmed that targeting international navigation in the Red Sea doubled the costs of transportation and insurance and disrupted supply chains, and led to increased people's suffering, an accelerated deterioration in conditions, food insecurity, the ability to provide basic services, and an increase in poverty rates to exceed more than 80%.
In October 2022, the Houthi group launched a drone attack on the Al-Dabbah oil port in Hadhramaut Governorate, which caused the legitimate government to stop exporting oil and gas.