Grants and aid amounting to 3.8 billion.. Hard currency is being poured into the hands of the Houthis, with government complicity
English - Monday 31 July 2023 الساعة 10:04 am
Sana'a, NewsYemen, exclusive:
With every announcement of the provision of sums of money as grants and aid by countries or international organizations to Yemen, the scene of the government's continued failure to harness donor funds to support the local currency in the liberated areas returns to the fore.
On Friday, the British Foreign Office announced a new four-year humanitarian aid programme, worth $205 million, to provide healthcare for women and children affected by the war in Yemen.
A day earlier, the United Nations Population Fund in Yemen announced, in a press release issued by it, that it had received a financial grant of $23 million from the Humanitarian Aid Office of the United States Agency for Development.
The press release was commented on by the university professor at the College of Marine and Environmental Sciences in Hodeidah, Abdul Qadir Al-Kharraz, in his tweet on "Twitter", noting that it was issued from Sana'a, considering that this is a "generous contribution to the Houthi militia, sarcastically surprising about those who then wonder about the reason for the collapse of The currency in the areas of legitimacy.
Remarkably, in this context, was the admission made by one of the government ministers of its failure to deprive the Houthi group of controlling donor funds in addition to expatriate remittances, and harnessing it to support the currency in the liberated areas, which has recently suffered a significant decline.
The Minister of Social Affairs and Labor, Mohammed Al-Zaouri, acknowledged, in an interview with a local radio station, on Tuesday before last, the failure and inability of the government to take deterrent measures to stop the deadly economic battle waged by the Houthi group against the south and the liberated areas.
The minister said that the Houthi group still controls state institutions, especially those that receive external and foreign resources, which are commercial banks, which are still headquartered in Sana'a and operate in Aden through their branches, in addition to national funds, oil companies, and the Air Navigation Authority. Offices of international and international organizations, commercial agencies, and others.
While the minister confirms that foreign cash resources that come from abroad still reach Sana'a, he revealed that the allocations for humanitarian grants, which are estimated at about $3.8 billion annually, in addition to $3.7 billion in expatriate transfers, all reach commercial banks under Houthi control in Sana'a, which helped The stability of the exchange rate in Sana'a and its collapse in Aden.
