The year 2021 has not witnessed any serious moves towards resolving the problem of the non-payment of public sector employees’ salaries, which have been suspended since CBY administration was relocated from Sana’a, the Capital, to Aden governorate in September 2016. The countries of war coalition have showed unwillingness to pay the salaries of the public sector employees in general and those in the areas of the National Salvation Government, in particular. This has resulted in an unprecedented severe humanitarian crisis ever witnessed in history.
The value of Yemeni Riyal against the US dollar keeps on deteriorating in the southern region of Yemen, which is controlled by the KSA-UAE occupation, where the exchange rate has reached almost 860 YR for the US dollar. Subsequently, this increase was soon reflected on the prices of foodstuff. On the contrary, the Yemeni Riyal maintained a state of stability in the areas controlled by the National Salvation Government in Sana’a, as the dollar rate there have not exceeded the limits of 600 riyals against the US dollar.
The war on Yemen caused GDP to shrink by 46.1% during the period from 2014 to 2019, with expectations of economic losses to reach $ 181 billion, if the war continues for a longer period.
The Yemeni Petroleum Company (YPC) has warned of a humanitarian disaster and a total collapse of all vital sectors as the coalition of war on Yemen continues to detain fuel ships (13 vessels) at sea, pointing out that the demurrage fines on the detained ships amounted to $ 91 million in 2020. The total losses to the company and to the citizens are large, reaching over $ 20 billion. The company confirmed also that not even a single liter of oil derivatives has been allowed into Hodeida port for 66 days. Since the beginning of the current year 2021, the total fines on ships detained by the coalition of war on Yemen, until the end of February and the beginning of March 2021, amounted to almost $ 32 million (19 billion riyals).
The director of Sana’a International Airport confirmed that the airport’s losses due to direct air strikes amounted to more than $ 150 million.
The Public Telecommunication Corporation (PTC) announced that the fuel crisis and the detention of oil derivatives threaten to stop all switchboards and correspondence stations.
The Economic Studies and Forecasting Sector revealed that the losses of the private business sector in Yemen ranged between 25 and 27 billion dollars due to the interruption of economic activity during the war on Yemen.
The health sectors and government hospitals in the areas under the control of the National Salvation Government have warned against the decline of their services due to the depletion of fuel and the continued detention of oil derivatives ships by the coalition of war on Yemen.
As a result of the continued detention of the fuel ships by the coalition of war on Yemen, the Ministry of Telecommunications and Information Technology (MTIT) stated that parts of its sectors have begun to go out of service due to the lack of oil and diesel. Likewise, the Ministry of Industry and Trade has warned against the suspension of more than 1,200 industrial and commercial establishments, while the Sanitation and Improvement sector has warned that the fuel stock is no longer sufficient for hours and all hygiene equipment will stop working soon.
The General Authority for Regulating Land Transport Affairs in the Capital Secretariat has warned of a humanitarian catastrophe due to the suspension of more than 150,000 means of transporting goods and passengers in the Capital Secretariat and the governorates due to the lack of fuel, as the coalition of war on Yemen continues to detain oil derivatives vessels.
The Red Sea Ports Corporation has warned that the stock of the oil materials for the operational process have reached a minimum, which threatens to stop the activity of the corporation’s ports during the coming period, as the coalition of war on Yemen continues to detain fuel ships.
The Saudi-US-led coalition of war against Yemen continues to target and destroy service and economic infrastructure, causing great material damages and financial losses.
