Yemen has been embroiled in conflict since early 2015. For years the poorest country in MENA, it is now also suffering the worst humanitarian crisis in the world. Fighting has devastated its economy¡ªleading to food insecurity verging on famine¡ªand destroyed critical infrastructure.
ľ¹ÏÓ°Ôº Group appointed Dina Abu-Ghaida as its new Country Manager for Yemen. Based in Amman, Jordan, Abu-Ghaida will lead the World Bank Group's efforts in Yemen.
Yemen¡¯s economy continues to face significant hurdles as ongoing conflict and regional tensions exacerbate the nation's economic and humanitarian crises.
Amidst war and climate challenges, a comprehensive project tackles food insecurity and malnutrition through cash transfers, infrastructure development, and sustainable agriculture.
Yemen's GDP is projected to contract by 1.0% in 2024, following a 2.0% contraction in 2023 and a modest growth of 1.5% in 2022. Between 2015 and 2023, Yemen experienced a 54% decline in real GDP per capita, leaving the ...
According to the report, MENA economies are expected to return to low growth akin to the decade prior to the pandemic. MENA¡¯s gross domestic product (GDP) is forecast to rise to 2.7% in 2024, which is a tepid increase ...
Growth of the economies in the Middle East and North Africa (MENA) is expected to fall sharply this year. The region¡¯s gross domestic product (GDP) is forecast to plummet to 1.9% in 2023 from 6% in 2022, due to oil ...
Employment in countries in the Middle East and North Africa (MENA) has grown one percent per year on average within private sector firms, which is much lower than the five percent average among other middle-income peers. ...
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