Yemen: 5 new economies emerged across the country

English - Monday 03 August 2020 الساعة 10:53 am
Aden, Newsyemen, Special:

After five years of war, Yemen today has been divided into 5 different economies in terms of strength and resources, levels of hunger and unemployment, the living situation of the population, fuel prices, services, basic foodstuffs, and the difference in the value of the local currency.

The failure of the legitimate Government to deal with the economy, resource management and external financial and logistical support, and the expansion of waste and corruption have led to increased fragmentation of the State and the economy, national capacities and the complexity of social and economic management.

Unequal economic space has increased throughout the country, the economic situation has been compounded, fuel and food prices, the national currency price, service levels and social protection have varied.

The Houthi militia, which controls the country's northern highlands, has benefited from the government's growing fragility and weakness in achieving its political and economic objectives, and the development of policies to protect their own economic spheres.

The Houthi militia was able to continue the ban on the use and circulation of newly printed banknotes, control of taxes, customs, the commercial and banking sector, and the returns and profits of government companies.

Government-run areas in Marib, Al-Jouf, North Hadramaut, Al-Mahra, Shabwa, Abyan and Taiz go to the Islah Party, the branch of the Muslim Brotherhood in Yemen, and invest in energy and the sale of services.

The Southern Transitional Council controls Aden, Lahj, Al-Dalla and Hidabo, the capital of the Arabian Sea island of Socotra, and has an important foothold in western Abyan, and on April 25, it declared a state of emergency and autonomy in the southern provinces.

The Southern Transitional Council (NTC) took control of Aden's local economy from Hadi's government, which controls its decision to regulate the Muslim Brotherhood in Yemen, and accused the government of corruption, failing to meet its obligations, pay salaries and provide services.

Since the imposition of the state of emergency, the NTC has announced plans to improve its self-control over public functions in the south, but according to economists, the NTC's funds are currently low, lacking sufficient funds to pay salaries and provide basic services.

The areas on the Red Sea coast where the Joint Resistance Forces are the main force; some of the leaders of the brigades are aware of resources, control fishing activity, the population's main economy, taxes and fees.

On the Coast of Hadramaut, where control is given to local authorities, which manage their economic affairs and spend resources.

Economists agree that hadi's government's failure to manage economic policy inevitably led to fragmentation, creating a vacuum for outside countries, such as Qatar, Turkey, and Iran, to use their resources to empower their proxies in specific geographic areas.