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Dropping the "currency": the war of legitimacy against the liberated areas.. Aden, crowding markets and prices

English - Saturday 17 July 2021 الساعة 02:06 pm

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Aden, NewsYemen, Muhammad Jassar:

The markets of the capital, Aden, are crowded in competition with the collapse of the currency and the tightness of the people. The areas of liberation from Al-Houthi have been legitimately seized by another war, which is “currency dropping.”

Local residents said, "The opportunity for the holidays may be one of the most important opportunities for many young people in Aden to improve their income, by buying and selling in the stalls that they use in the periods near the holidays."

But people are moaning about the collapse of the currency, which affected the purchasing power, and you see its effects in the crowded streets, with sellers and customers, but with a lack of buying and selling movement.

worst expectations

About this, Ibrahim Abdel Hamid tells NewsYemen, one of the young Adani working in the pre-holiday period, in the sale of perfumes and women's bags, about the atmosphere of work, buying and selling, saying, "Unfortunately, the purchasing power compared to last year decreased significantly, due to the collapse of the currency, and the economic conditions." It's hard for people to go through these days."

He added, the difference exists even between Eid al-Fitr and Eid al-Adha, and it is known that work on Eid al-Adha is more than on Eid al-Fitr, but this year, work decreased badly.

If economic conditions continue to deteriorate, Ibrahim says, there won't be a market even at 5% next year.

While Najwa Abdel Wahed saw that the state of inflation and the deterioration of prices reflected negatively on all aspects of life, not only in the issue of buying and selling, as education, health, housing, eating and drinking are all linked to an economic link, which deteriorates when it deteriorates.

And she called, through "Newsyemen", for a real treatment of the currency deterioration by the officials entrusted with this responsibility.