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  Local
Yemen's Oil ministry condemns forcing Saudi-led coalition three vessels to leave port of Hodeidah
[15 November 2018]
Al-Mashat meets WFP's Executive Director
[14 November 2018]
Army shoots down two coalition spy planes in Jizan
[14 November 2018]
Finance Ministry approves 3 mln riyals loan to Electricity Corporation
[14 November 2018]
Hodeidah local authority condemns aggression attacks on travelers in Hodeidah
[14 November 2018]
 
  Saudi Aggression War against Yemen
7 aggression airstrikes wages on civilians' houses in Saada
[14 November 2018]
Artillery bombards Saudi-led mercenaries in Asir
[14 November 2018]
President hails role of Sanaa sheikhs in facing Saudi aggression
[14 November 2018]
2 Children injured in Saudi-led artillery shelling in Hodeida
[14 November 2018]
3 Saudi-Led air strikes hit Jizan
[14 November 2018]
 
  Reports
11 civilians killed, injured, series airstrikes on Hodeidah, Saada provinces
[14 November 2018]
At least army launches 1451 targeting operation against coalition's invaders in west coast : Report
[12 November 2018]
Report: Series of Saudi' airstrikes hit provinces in the 24 hours
[12 November 2018]
2 Civilians killed, 13 injured in aggression coalition-led crimes over past hours : Report
[11 November 2018]
Army carries out military attacks, rocket, artillery shelling on enemy sites
[10 November 2018]
 
  International
GFF signs contract with Slovak coach to lead national team in the Asian Cup finals
[14 November 2018]
America has chosen the wrong way to impose sanctions, it will be defeated : Rohani
[14 November 2018]
Shura Council sends letter to UN Secretary-General
[14 November 2018]
Putin calls for regular dialogue between ASEAN countries and Eurasian Union
[14 November 2018]
Palestine's Foreign Ministry calls for international protection for the Palestinians
[14 November 2018]
  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 : Thu, 15 Nov 2018 00:01:02 +0300