Salem bin Breik, Yemen’s Minister of Finance, said that his country is set to sign an agreement with the Arab Monetary Fund to reschedule its debt, including the repayment of certain loans and ...

The International Monetary Fund (IMF) expects Yemen's inflation rate in 2025 to be around 20.7%, an increase from 16.3% in ...

Dhale, with citizens rallying against the currency’s devaluation and chronic electricity shortages. The Yemeni riyal has ...

Here he explains the devastating effects of the policies of the Saudi coalition and Hadi government on the economy: Yemen’s economic crisis was not some unfortunate but unavoidable side effect ...

"This war has cost us a lot. It led to the collapse of the entire economy and sharp devaluation of the currency, an employee earns now $50-$60 (a month) ... Yemen's reconstruction will need ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The economy of Yemen has been decimated by the ongoing armed conflict, with macroeconomic instability, de facto separation of economic institutions, import restrictions and natural disasters all ...

destabilize Yemen’s economy, and strain regional stability. " "The need to address Yemen's crisis becomes ever more urgent as regional stability requires, in part, achieving peace in Yemen," he ...

One of the most important economic sectors in Yemen was devastated by the 2011 recession and further damaged by state corruption. The construction industry, which comprises around two thirds of ...

The ongoing conflict has caused a dramatic deterioration in the country’s economic and social situation. With the disruption of oil production and other economic activities, output has contracted ...

In a statement, the group condemned Trump's move as "unjust" and warned against its economic and humanitarian consequences in Yemen, the main television news outlet run by the Houthi movement ...