Since the relocation of CBY from the Capital, Sana’a, to the Governorate of Aden in August 2016, the salaries of more than one million and two hundred thousand public sector employees in the country have been interrupted until now. Since that time, salaries have been subject to international, political, partisan and regional calculations, while the conditions of the employees get deteriorated, leading to a humanitarian catastrophe. This has also threatened public institutions to completely stop providing basic services and paralyze the movement of most citizens in their daily lives. Meanwhile, the so-called Hadi government continues to monopolize oil and gas revenues and refuses to accept responsibility for paying employees’ salaries.
All Yemeni governorates have witnessed an unprecedented stifling crisis in fuel supplies, as the countries of the war coalition on Yemen, led by the US, KSA and UAE, continue to detain oil ships and prevent them from docking at Hodeida port. This has exacerbated the humanitarian situation and doubled the demurrage for ships and oil tankers, leading to a complete paralysis and suspension of the health and service sectors and causing the largest humanitarian disaster in the world.
At the end of this month, the countries of war coalition on Yemen detained two more new oil ships, bringing the number of the detained ships to 12 oil ships. This has, directly and indirectly, caused service, industrial, and productive sectors to suffer huge losses that exceeded $ 10 billion.
The UAE occupation of Yemen is still seeking to control all of the natural gas supplies that pass from Jannah Oil Sector, which is under the management and control of Safer Company, to the invaded natural gas terminal in Balhaf.
The Yemeni economy suffered significant losses of some $17 million in revenue from the production and export of 100,000 barrels of oil per day. In fact, Saudi Arabia has worked on destroying an oil field in Khusha’a sector in Hadramout governorate by (Calvalley Petroleum Company) which is working for it. This is a continuation of the process of looting oil revenues, destroying Yemen’s economic infrastructure and increasing poverty rate and famine.
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. This showed confusion in procedures as well as financial and administrative corruption on the largest scale, which subsequently increased food prices and plunged the country into a deep humanitarian crisis.
The countries of war coalition on Yemen, led by the US, KSA and UAE, continue to target and destroy the service and economic infrastructure, causing significant material and financial losses, as shown in the above table.
