Al-Qutaibi: The central bank pays billions of riyals to governorates that do not supply a penny

English - Thursday 16 July 2020 الساعة 06:15 pm
Aden, Newsyemen:

The economist, Dr. Musaed Al-Qutaibi, was surprised by the screaming of some about the stopping of the governorate of Aden from supplying a portion of its revenues to the Central Bank of Yemen, at a time when the governorates of Marib, Al-Jawf, Al-Mahrah and Shabwa refuse to supply any amount to the bank since 2015.


Dr. Al-Qutaibi said, on his Facebook account: “Since 2015, Marib Governorate has not supplied a single penny of its revenues to the Central Bank in Aden, yet tens of billions of riyals are sent every month to it from the Central Bank in Aden.”!

He added: "And like Marib, other provinces of the Yemeni Central Bank rebelled, including Al-Jawf and Al-Mahra, not to mention the unedited provinces in the north, but all of these provinces (rebel) received from the central bank with tens of billions of riyals per month."

He explained: "The reality of the situation in Aden is totally different from those of the governorates, where once Aden stopped supplying a portion of its revenues to the central bank and which it returned to the National Bank of Yemen in accordance with the decision of the self-administration of the south, this caused problems and all those in legitimacy from the government punished them in various ways. "

Dr. Al-Qutaibi concluded by saying: "Despite the seriousness and bad conditions in Aden and the neighboring governorates, this only increased steadfastness."