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  Local
Revolution leader calls for honorable exit on third Friday of Ramadan in support of Palestinians
[29 March 2024]
SCMCHA distributes irrigation networks, greenhouses in Amran
[29 March 2024]
Women's Authority implements Eid clothing initiative
[28 March 2024]
Inauguration of Ramadan charity kitchen in Dhamar
[28 March 2024]
Launching a free medical camp in Ibb
[28 March 2024]
 
  International
Khamenei receives al-Nakhalah, confirms Zionist entity's inability to defeating resistance factions
[29 March 2024]
Government Office in Gaza says enemy executed more than 200 displaced Palestinians in al-Shifa Complex
[29 March 2024]
UNRWA calls for immediate lifting of restrictions on aid to Gaza
[29 March 2024]
Enemy storms al-Bireh city
[29 March 2024]
120,000 worshipers perform Isha, Tarawih prayers in al-Aqsa Mosque
[29 March 2024]
 
  Reports
Red Sea Ports Corporation...Nine years of steadfastness in face of repercussions of aggression
[28 March 2024]
Expected exchange deal.. Resistance tends to reject it, & Zionist enemy makes up its mind
[25 March 2024]
(Saba) correspondent: Zionist enemy insists on displacing Gaza residents despite talk of progress in its talks with resistance
[25 March 2024]
Zakat Office in Capital Municipality... Specific projects worth Over 4.5 billion riyals
[24 March 2024]
Gaza liberates Arabs & Muslims from complex called “Israel” & exposes America's & West's hypocrisy
[24 March 2024]
 
  US-Saudi Aggression
American-British aggression launch three raids on Hajjah
[15 March 2024]
American-British aggression launch 12 raids on Hodeida
[11 March 2024]
American-British aggression hits farm in Hodeida
[20 February 2024]
Four citizens injured by explosion of leftover military ordnance in Marib
[19 February 2024]
9 raids of US-British aggression on governorates of Sana'a and Hajjah
[04 February 2024]
  Reports
Report:  Why the Poverty in Yemen rises to 8.5 during this year !
Report: Why the Poverty in Yemen rises to 8.5 during this year !
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-Bahakim
saba


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UPDATED ON :Fri, 29 Mar 2024 03:04:01 +0300