Currency Drain..a new war aimed at starving the people
English - Thursday 15 July 2021 الساعة 10:02 am
Aden, NewsYemen:
A wave of anger swept social media sites, following the continuous and massive bleeding of the national currency, the riyal, since the beginning of this week, as some complained that their salaries no longer cover their basic needs, while others blamed President Hadi and his government for the economic situation. They demanded their intervention to stop the riyal's bleeding, while others warned of an imminent famine.
And between the warning, the demands and the popular anger, the diplomat, Mustafa Noman, said that the price of the riyal will only crush the crushed, while the representatives of soft legitimacy will not touch them and will not concern them and will not bother them because they are in prosperity and safety with their families.
Noman called on Saudi Arabia to expel officials in the legitimate government.
He added: "Riyadh is able to put an end to their foolishness and must expel them or force them to return to their country, so what are you waiting for?"
For his part, the former Minister of Human Rights, Muhammad Askar, warned that exceeding the dollar barrier of a thousand riyals, put more than twenty million Yemenis on the brink of a devastating famine, after seven lean years of war that ate everything, he said.
On the other hand, a member of the Presidency of the Southern Transitional Council, Salem Thabet al-Awlaki, said that Shabwa and Hadramawt oil sales have been supplied for years by the National Bank in Riyadh, and the Brotherhood in several governorates refuse to supply the central bank, and the Marib Bank deals with complete independence.
Al-Awlaki pointed out that the major collapse of the currency "is a natural result of this tampering and legalized corruption, and we have not seen anyone feel anxious or declare that this is not in line with the Riyadh Agreement."
Economists believe that the collapse of the riyal against foreign currencies is due to the nature of the legitimate government's "trillions" of riyals, which caused inflation in the currency, while some believe that the collapse has a political dimension as well.
It is noteworthy that the government of Ahmed Obaid bin Daghr was the first to print money in the summer of 2017.
