Abdul-Kareem al-Arhabi expected that allocations of loans and assistance to Yemen would be reduced due to current international financial crisis. In an interview with 26 September weekly, al-Arhabi said that the ministry has a vision to tackle impacts of decrease in price of oil on the state budget.
He revealed that the ministry is preparing for holding a conference to discuss progress in implementing pledges of donors in London Conference and results of reviewing five-year plan in coming period. Al-Arhabi estimated that the losses resulted due to flood in Hadramout and al-Maharah – hit the two governorates last October- were at $ 3 billion