Lokoc : Yemen Is in Need Of Billions Of Dollars To Avoid Riyal Collapse


Mark Lokoc the UN humanitarian chief, said  that  Hadi government would need 4 billions of dollars in external funding to fund its budget for 2019 and avoid another currency collapse.

“There will be a need for multi-billion dollar support so that they can finance the government’s core functions,” Lockoc told a news conference .

He added “Unless they get some external funding for their budget, those problems we have seen with the fall of the riyal will come back”