The Governor of the Central Bank, Ahmed Ghaleb Al-Muqaqi, confirmed that Yemen has lost more than six billion dollars from its own resources during the past thirty months, as a result of the cessation of oil and gas exports due to Houthi attacks on oil ports and tankers.
This came during the participation of Governor Al-Mu’baqi, Governor of the Fund for the Republic of Yemen, and Minister of Finance Salem Bin Brik, in the meeting of central bank governors and finance ministers in the countries of the Middle East, North Africa and Pakistan, on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, held in the American capital. Washington.
The Bank Governor touched on the unprecedented humanitarian crisis that Yemen is experiencing due to the war that is approaching the completion of its tenth year, and due to the unfavorable regional and international developments and their repercussions on the region and the world, including Yemen.
He pointed out the targeting of international navigation in the Red Sea, which doubled the costs of transportation and insurance and the disruption of supply chains, which led to increased people’s suffering, an accelerated deterioration in conditions, food insecurity, the inability to provide basic services, and an increase in poverty rates to exceed more than 80%.
p>The Governor of the Central Bank called for the need to provide urgent support to Yemen and to benefit from the financing programs provided by the Fund to countries going through similar crises and the most fragile countries.
Earlier, the Minister of Planning and International Cooperation, Waed Badib, confirmed on Thursday that the Yemeni economy witnessed a 54% decline in the real GDP per capita between 2015 and