ADEN, Feb. 05 (YPA) – Wa’ed Batheeb, Minister of Planning and International Cooperation in the “Hadi government” said on Thursday that Yemen has lost more than $ 100 billion during the past six years of the war.
Batheeb added, during a meeting of the Hadi government with the United Nations Economic and Social Commission for Western Asia (ESCWA) and the Saudi Reconstruction Program, that Yemen has witnessed during the past decade several unprecedented crises, wars and challenges that prevented Yemen from achieving the hoped-for Istanbul Program of Action (IPoA) to revive the least developed countries.
On the development side, Batheeb noted that Yemen witnessed a sharp deterioration in activity and economic growth to more than 50 percent of the GDP.
Batheeb elaborated that the poverty rates in Yemen have risen to about 78 percent of the population, hundreds of thousands of workforce have lost their jobs, the services sector has sharply deteriorated and an unprecedented collapse, as well as the challenges on the humanitarian side, such as the increase in food insecurity to more than 60 percent.
He pointed out that Yemen has witnessed an increase in the number of displaced persons to more than 3.6 million people at home and about one million displaced persons abroad, in addition to the destruction of large parts of the infrastructure, especially roads, bridges, educational and health facilities, hospitals, and electricity, water and sanitation networks.
These challenges and repercussions have cast a shadow over the erosion of the economic achievements and gains made during the past years and on the possibility of making progress in achieving the goals of sustainable development 2030, he added.
The United Nations had announced earlier that Yemen is witnessing the most humanitarian crisis in the world due to the repercussions of the war and the blockade.
YPA