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  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[03 May 2025]
US-Saudi-Emirati crimes on this day in history
[02 May 2025]
US-Saudi-Emirati crimes on this day in history
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  US-Saudi Aggression
 Losses of Commercial and industrial Sector in Yemen as a result of US-Saudi Aggression
Losses of Commercial and industrial Sector in Yemen as a result of US-Saudi Aggression
Losses of Commercial and industrial Sector in Yemen as a result of US-Saudi Aggression
[Wed, 29 Mar 2023 11:53:10 +0300]

SANA'A March 29.2023 (Saba) -The economic sector incurred heavy losses, including the destruction of more than 12 food and consumer factories, and dozens of companies, institutions, and economic, service, and public and private investment centers.

The aggression targeted about 80 private establishments, according to the results of the inventory carried out by the Private Sector Committee issued at the end of 2018, led by establishments whose economic activity is classified as companies by 38%, with an estimated damage value of $867 million, and service establishments ranked second with the value of damage. up to $212 million.

Official data issued by the General Federation of Chambers of Commerce and Industry in 2018 indicated that the targeted factories exceeded 45% of the size of the industrial sector in Yemen, and the damages incurred amounted to more than $50 million, and the damages to import and export activities amounted to about $150 million.

A committee formed by the General Federation of Chambers of Commerce and Industry in Sana’a, in cooperation with the Chamber of Commerce and Industry, estimated the damage to the industrial sector at about $1.373 billion.

The total losses of infrastructure destruction, according to a report issued by the Studies and Economic Forecasts Sector at the Ministry of Planning and International Cooperation, are about $98 billion.
Preliminary estimates of foreign trade losses due to the aggression and blockade amounted to 36 billion and 285 million dollars, according to statistics published by the Foreign Trade Sector of the Ministry of Industry and Trade in August 2019.

The Economic Studies and Forecasts Sector in the Ministry of Planning and International Cooperation, in a report issued in July 2020, estimated the size of the direct and indirect losses suffered by the private sector, especially in the first three years of the aggression, between "25-27" billion dollars, led by the commercial sector by 18%. The rate of impact of the manufacturing sector is 8%, and the economic sectors are 92%.

The statistics of "Eye of Humanity" and the Legal Center, published on March 25, 2023, revealed that the aggression warplanes destroyed "8355-12088" commercial establishments, "369-409" factories, "661-704" markets, and "783-1020" food stores. Add to that 8 grain silos, according to 2015 statistics.

M.M

resource : SABA

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UPDATED ON :Sat, 03 May 2025 11:43:48 +0300