Yemeni Prime Minister Maeen Abdul Malik revealed that the Yemeni economy would grow by 2 percent during 2022.
During a virtual seminar, in which he reviewed the path of reforms implemented by the Yemeni government and the positive results achieved, Abdul Malik confirmed that "The Yemeni economy achieved for the first time this year a positive growth rate of more than 2 percent, while the Yemeni economy is expected to achieve growth during the next year by 3 percent”.
He stressed, "The government is keen to alleviate the difficult humanitarian and living conditions of citizens by accelerating the path of reforms."
For the first time since the outbreak of the war in early 2015, growth is announced in Yemen's economy, which has experienced a contraction during the past years. According to a previous report by the World Bank, the war in Yemen has shrunk the gross domestic product to about 50 percent.
For more than 7 years, Yemen has been witnessing a war that has claimed 377,000 lives and cost Yemen's economy $126 billion in losses, according to the United Nations.
Source (Anadolu Agency, Edited)
