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  Local
Youth Championship for people with disabilities starts in Sanaa
[21 January 2019]
Winter storm sweeps northern Japan
[21 January 2019]
Shura Council discusses plans, programs of its committees for 2019
[21 January 2019]
Ibb residents continue to mark martyr’s anniversary
[21 January 2019]
Ministries of Public Works, Telecommunications discuss technical, engineering cooperation
[21 January 2019]
 
  Saudi Aggression War against Yemen
Army attacks mercenaries in Najran
[21 January 2019]
Sanaa tribes condemn Saudi aggression crimes
[21 January 2019]
Army foils Saudi-paid mercenaries attack in combat fronts
[21 January 2019]
Saudi-led mercenaries shell border areas in Hodeidah
[21 January 2019]
Saudi-led artillery, rocketry hit border areas in Saada
[21 January 2019]
 
  Reports
Saudi-led coalition, kills 2 civilians, injures 5 , destroys houses, economic installations over 24 last hours
[21 January 2019]
Military equation is now different; Yemen has deterrent weapons: Chief of General Staff
[20 January 2019]
Army kills dozens of Saudi soldiers, mercenaries over 24 hours: Report
[20 January 2019]
Coalition kills, injures more than 14 civilians in Hodeidah
[18 January 2019]
Coalition commits more than 437 violations in Hodeidah within 72 hours
[16 January 2019]
 
  International
Messi keeps Barça top of Spanish league
[21 January 2019]
IMF reduces its growth forecast for the world economy in 2019
[21 January 2019]
Nishikori defeats Pablo Carreño Busta, reaches quarter-finals of the Australian Open
[21 January 2019]
Death toll from bombing of Wardak in Afghanistan raises to 126
[21 January 2019]
Israeli occupation forces arrest 26 Palestinians in the West Bank
[21 January 2019]
  Local
Report: Why the Poverty in Yemen rises to 8.5 during this year!
[20/October/2018]

SANAA, Oct. 20 (Saba) - Yemeni report revealed that the poverty in Yemen rises to 8,5 because of war by US-Saudi aggression coalition, while the economic situation did not witness any improvement during the first half of this year.



This report issued by the Center for Studies and Economic Information. This organization specialized in studies and information issues relating to economic matters, said that many difficulties faces the Yemeni people for basic services as (Water, electricity, health and education).



There are 15,7 civilians do not have clean water to drink or any other water to use in a daily life, leading to the deaths of 14,000 Yemeni' children under the age of five every year.



The report point the medical section is deteriorating faster since the war. Three hundred Health centers were damage totally,65% of centers will close ,while many epidemics have spread like Cholera which has spread in remote and hot areas causing of more than two thousands were death until now.



The volume of food imports declined in the rate of 22%, while witnessed the import of oil derivatives increased 103% .



The Yemeni' riyal witnessed a significant rise against foreign exchange rates, where the average rises in the exchange rate of the dollar29%.



One of the main reasons for the collapse of the economy is Liquidity crisis in center bank and all other banks, where banks were unable commitment to their customers to buying currencies, so the customers and merchants go to the money exchange companies and the black market. Where currencies are sold at varying prices.



The banks in Yemen face major difficulties in external transfers and dealing with foreign banks because Yemen is classified as a high-risk region, also the central bank cannot do all it basic works as Monetary policy plans, supervision of banks and exchange companies, and managing government accounts at home and abroad.




Amal
saba
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UPDATED ON : Mon, 21 Jan 2019 21:53:44 +0300