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The rial ( Arabic: ريال يمني; sign: ﷼; abbreviation: YRl (singular) and YRls (plural) in Latin, [2] ,ر.ي in Arabic; ISO code: YER) is the official currency of the Republic of Yemen. It is technically divided into 100 fils, although coins denominated in fils have not been issued since Yemeni unification. Due to the ongoing political ...
Download Yemen report: English. With the conflict continuing in 2021, the value of the Yemeni riyal continues to depreciate to new historic lows, driving large increases in food prices and pushing more people into extreme poverty.
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Yemen's Economic Update — April 2020. Download Yemen report: English. After almost five years of escalating conflict, Yemen continues to face an unprecedented humanitarian, social and economic crisis. Significant damage to vital public infrastructure has contributed to a disruption of basic services, while insecurity has delayed the ...
Agriculture is the mainstay of Yemen's economy, generating more than 20 percent of gross domestic product (GDP) since 1990 (20.4 percent in 2005 according to the Central Bank of Yemen). Agriculture employs more than half (54.2 percent in 2003) of the working Yemeni population.
Dec 21, 2021 · Food insecurity. widespread lack of access: due to conflict, poverty, floods, high food and fuel prices - between January and June 2021, the number of food insecure was projected to increase by nearly 3 million to 16.2 million people; out of these, an estimated 11 million people will likely be in "Crisis," 5 million in "Emergency," and the number of those in "Catastrophe" will likely increase ...
Yemen (/ ˈ j ɛ m ən / ⓘ; Arabic: ٱلْيَمَنْ, romanized: al-Yaman), officially the Republic of Yemen, is a sovereign state in West Asia. Located in the southern Arabian Peninsula, it borders Saudi Arabia to the north, Oman to the northeast, and the Indian Ocean to the south, sharing maritime borders with Eritrea, Djibouti and Somalia across the Horn of Africa.
Jun 24, 2021 · Foreign currency injections from donors and investment by development actors and international financial institutions are urgently needed to sustain the imports of food and other basic commodities and prevent further devaluation of the Yemeni rial. Direct support to the Yemeni economy was key to averting famine in 2019.
