The International Rescue Committee (IRC) states that Yemen is on the edge of economic collapse amid driving up food prices, coupled with a further drop in Yemeni Riyal’s value against other currencies. The people of Yemen are more concerned about their hunger needs and medicine, and look forward to ending the war and lifting the blockade.
The Yemeni people continue to suffer and the humanitarian catastrophe is further aggravated with the non-payment of salaries of nearly 80% of civil servants for almost 6 years since CBY administration was relocated from the Capital Sana’a to Aden Governorate in August 2016. The long-suffering continues due to the land, sea and air blockade imposed by the US-KSA-UAE-led war coalition on the areas under the control of the National Salvation Government.
The World Food Program (WFP) confirmed that the war and the increasing food prices in Yemen drive 43% of Yemeni families to reduce meal sizes, borrow food, or switch to cheaper food options. Parents choose to skip meals or eat less so that their children can get enough food.
The Yemeni Riyal keeps on losing its value, and in southern Yemen controlled by Saudi Arabia and the UAE, the exchange rate is about 840 YR for the US dollar. It is historically the highest price. 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 YR.
Yemen Petroleum Company (YPC) confirmed that the fines for delaying and detaining oil derivatives tankers by the countries of war coalition against Yemen, led by the US, KSA and the UAE, for over six months, has exceeded $56 million. This is equivalent to 34 billion riyals, as the percentage of released quantities within six months is 23% of the actual need in the normal supply situation. This has led to the deterioration of the productive and industrial sectors and the suspension of some health sectors and means of transport.
The aircrafts of the war coalition on Yemen continue to target productive, industrial and agricultural facilities with a view to starve and kill the Yemenis and destroy the Yemeni economy in the long run.