Yemen is the poorest country in the MENA region

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Yemen is the poorest country in the MENA region, with an estimated 54.5% of the population living in poverty.
The escalation of the Houthi insurgency in 2014 and the onset of Saudi Arabian-led coalition airstrikes in March 2015 has compounded an already devastating humanitarian situation, tipping Yemen’s ailing economy into further crisis. In view of the dire security situation and the lack of an effective government counterpart, the World Bank has now closed its central office in Sana’a and suspended its operations in the country until further notice.