Yemen needs $ 18 billion annually for 5 years to get better in case ending war

English - Monday 22 April 2019 الساعة 05:57 pm
Aden – NewsYemen.net

The Yemeni Economy has lost a large part of its capital formation, including the public and private sectors - a summary of the work and the economic achievements over the past decades.

A cost of the lost opportunities bill have risen, and the repercussions on the social and humanitarian situation have reflected in the national economy.

The Yemeni economy goes through very critical conditions. The cumulative decline in indicators and macroeconomic balances have reached their worst stage, in light of the ongoing war and the fragmentation of economic institutions.

According to preliminary estimates by the World Bank, the funding requirements for Yemen's recovery and reconstruction are estimated at $ 88 billion, at $ 17.6 billion a year for five years in case ending war.