Curbing currency collapse requires serious measures, not acts to fool the poor, dying Yemenis

Curbing currency collapse requires serious measures, not acts to fool the poor, dying Yemenis

 

Neither the short visit of the prime minister back home, the promise of the so-called central bank in STC militia-controlled Aden to tackle the currency devaluation "as much as it can", the rumors of a new Saudi US$ 1 billion deposit, nor even the real transfer of a deposit if the rumor comes true will solve the currency collapse problem in Yemen.

 

  1. The real implementation of the Riyadh Agreement and ending of the STC militia's military control on the temporary capital Aden and rest of south Yemen.

  2. The real, full and permanent return of the Yemeni government from President Abd-Rabbu Mansour Hadi to the lowest-level gov't employee back from exile.

  3. The evacuation of the UAE forces from the country's gas exportation facility of Balhaf
    and the resumption of Yemen's exports.

  4. The government then can independently exercise its role as a government on the ground, take monetary policy through the central bank.

 

Only these serious measures will work.

 

Any other devious measures by the exiled government and its captors won't curb the collapse of Yemen and its currency and economy.  

 

 

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