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Al-Alimi: Yemen's losses could rise to $657 billion by 2030 if Houthi war continues

Economy| 4 November, 2024 - 5:40 PM

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He explained that between April and August of this year, for example, flash floods left dozens of victims, more than 100,000 displaced, and losses to infrastructure and agricultural holdings estimated at about $350 million.

Yemen is facing financial pressures and difficulties as a result of the suspension of oil revenues, which constitute 70 percent of the country's revenues, two years ago after the Houthi group targeted export ports in late 2022, and the suspension of most foreign aid, foreign investments, and tourism revenues.

Source: Agencies

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