The restaurant sector is the most bankrupt in Sana'a

English - Tuesday 02 March 2021 الساعة 12:03 pm
Sanaa, NewsYemen, Exclusive:

Dozens of restaurants in the capital, Sanaa, which is under the control of the Houthi militia, have gone bankrupt, after their business deteriorated due to the high prices, which were raised by the militia’s trade in fuel and gas, and the imposition of taxes on restaurant owners.

Citizens in the capital, Sana'a, told News Yemen that a number of restaurants closed their doors in Al-Zubairi Asr Street, Taiz Street, Al-Dari and Al-Hasbah Street, and in multiple streets and neighborhoods in the capital.

The Houthi militia’s tax practice and its destructive policies for the business environment have pushed hundreds of commercial and service establishments and small industries into bankruptcy and liquidation of their businesses, causing job opportunities for thousands of workers in these facilities to be lost.

The terrorist Houthi militia imposed on restaurants in the capital, Sana'a, to allocate free and compulsory daily meals on several of their occasions, and whoever refuses to fabricate the accusation of treason or violating the laws, closes his shop and is placed in prison.

The war, sparked by the Houthi militia, has caused material damage to businesses and public infrastructure, insecurity, fuel shortages, power outages, and a sharp decline in economic productivity.

The crisis of oil derivatives - fabricated - from the Houthi coup militia has also caused half of the factories in Yemen to stop, as the Chamber of Commerce and Industry indicates that more than 350 factories of medium and small groups stopped working due to the fuel crisis and more than 980 thousand workers lost their livelihoods.  

Merchants and business owners have been subjected to extortion by the Houthi militia for years, and they pay twice customs, double taxes, and unlawfully, in addition to the illegal royalties they pay almost daily.

Both the public and private sectors have laid off a large number of workers, according to one study. As of October 2015, 41% of public and private sector companies had laid off 55% of the total workforce in the two sectors.