Yemen economy heading for "unprecedented calamity", UN says

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The United Nations says Yemen's war-shattered economy is headed for "unprecedented calamity" due to large cuts in aid, slowing remittances, a weakening currency and the coronavirus pandemic.
UN aid chief Mark Lowcock also urged donor states to inject foreign currency into the central bank, and disburse and increase humanitarian funding to avoid "total economic collapse".
Around 80% of Yemen's population is reliant on aid due to a six-year-old war that has divided the country between the Saudi-backed government in the south and the Iran-aligned Houthi movement in the north.
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