Fighting corruption and unifying resources ... A difficult test awaits the equal government

English - Tuesday 12 January 2021 الساعة 10:45 am
Aden, NewsYemen, Exclusive:

The Yemeni citizen places great hopes on the new government in terms of restarting the necessary services, disbursing the salaries of public sector employees, saving the national currency, putting an end to corruption that reached its peak during the years of war, in addition to the necessary remedies to correct structural imbalances.

Observers stress the need for the Riyadh Agreement government, headed by Moein Abdulmalik, to start practical steps to limit state revenues in the liberated areas, and to supply them to the Central Bank of Yemen in the capital, Aden.

In the past two days, the Yemeni riyal collapsed again against foreign currencies, amid continuing currency speculation operations, after the riyal had witnessed a limited improvement affected by the morale of forming the government and its return to Aden.

The economist and professor of economic sciences at the University of Aden, Dr. Musaed Al-Qutaibi, said that the instability of the Central Bank at a unified exchange rate for the currency is what caused the instability of food prices.

 Al-Qutaibi called for activating the supervisory role of the Trade and Industry Bureau, and he should set up mechanisms for determining commodity prices in coordination with the Chamber of Commerce, explaining that real economic treatments to create stability at exchange rates do not exist until the moment.

Prime Minister Maeen Abdulmalik emphasized that the role of government oversight can only work with a security system, account and punishment.

In an interview with Hadramout TV, Abdulmalik revealed an anti-corruption mechanism that the parity government will pursue to return billions of riyals to the state treasury.

 Maeen Abdulmalik divided corruption in Yemen into two types: “small corruption,” the government will not waste its time in fighting it, and another big one, the government of parity will begin its duties from him.

He stressed that the battle with corruption has begun. There is little corruption. We will not spend our time running after it now, but we will start from the system that wastes billions, and which could return billions in revenues to the state’s treasury, which will help us improve the situation.

 "Planning for the government's budget and its program will be different this time, it will be realistic, and we will be frank with the people. We will be clear and explain what the difficulties are restoring recovery requires effort and time, but we will not waste any more time," he added.

Observers stress the need for the parity government to expedite the implementation of a set of measures to activate basic services and disburse the deferred employee dues, considering that these issues can be implemented.