- The salary interruption crisis of more than 1.2 million public service employees has been going on since the CBY operations were transferred from the Capital Secretariat, Sana’a, to the governorate of Aden in August 2016. This has worsened the situation, exacerbated the humanitarian catastrophe, increased unemployment rates and decreased job opportunities.
- As the countries of War Coalition, led by the US, Saudi Arabia, the UAE and their mercenaries, continue their war and siege on Yemen’s land and people, the so-called Hadi government in Riyadh admits the catastrophic impacts of the Coalition’s war on Yemen. Their most important confessions can be summed up as follows:
- The losses of the Yemeni economy amount to about 126 billion dollars.
- Gross Domestic Product (GDP) has shrunk by more than 50%, according to the results of a UNDP study.
- The local currency exchange rate deteriorated against foreign currencies, and the Yemeni Riyal lost a large part of its purchasing power. This has led to a rise in the food commodities prices, affected the livelihood of citizens, exacerbated food insecurity, and caused a stifling crisis in oil derivatives.
- The unemployment rate rose to more than 35%.
- The poverty rate increased to about 78% of the population.
- There has been a sharp deterioration in the basic social services system.
- Yemen has regressed in the indicators of the Human Development Index (HDI), ranking it among the 12th lowest countries in the world and positioning it at 179 out of 189 countries and territories in 2019.
- Oil revenues, which make up 70% of the country’s income, have declined.
- All foreign aid, foreign investment, and income from tourism were stopped.
- The private sector called on the Saudi-led Coalition to neutralize the Yemeni economy, and not to use the economic war as a means of war on Yemen.
- The unstoppable oil derivatives crisis continues year by year, leaving very negative impacts on the lives of citizens, and casting dark shadows on the various economic and service aspects. This has exacerbated the difficult conditions under which the Yemeni citizens live as a result of the war that has been going on persistently for seven years. In fact, the activities of all economic and service sectors, especially the health ones, on which the lives of citizens depend, are conditioned by the availability of oil derivatives. Hence, the Saudi-led Coalition of Aggression attempts to use the oil derivatives as leverage to achieve what its military arsenal has failed to do, killing all aspects of life and hope in Yemen, and completely paralyzing the Yemeni economy. This mainly because they know the extent to which economic and service life is linked to the oil derivatives sector, which constitutes the lifeblood of many economic sectors. The impacts of their economic war were reflected as follows:
- Transport fares have risen with a ratio between 70% and 150%; and since mid-last year, they are estimated to have risen by 180%, especially transport fares between various cities and governorates.
- The continuous monthly changes in fuel prices coincided with the disruption in the prices of basic food commodities (wheat, flour, sugar, rice, oil), and with a significant increase in inflation by more than 60%.
- Drug prices increased by 53%.
- More than two-thirds of the agricultural sector was affected and agricultural crops were damaged. Besides, almost 1.2 million agricultural holders were affected in various governorates.
- The prices of electricity from private-sector generators have risen dramatically, as the public power plants are completely stopped.
- The prices of water tankers and vehicles transporting water to homes increased at varying rates between 100 – 300%.
- The US-Saudi-Emirati Coalition of War continued to detain (4) oil tankers and a gas ship with a total tonnage of (84,086) tons of gasoline and diesel for varying periods of more than two months, i.e. (70) days of piracy. Those ships were detained despite having completed all the examination and inspection procedures through the UNVIM mechanism in Djibouti and having obtained the UN pass permits and confirmation of compliance with the standard specifications. This has exacerbated the humanitarian, health and service situations, causing rise in prices and collapse of basic services.
