Initiatives to save the economy ... Walk towards social peace in Yemen
English - Wednesday 28 April 2021 الساعة 02:56 pm
NewsYemen, Fatima Al-Ansi:
Umm Tamim (30 years) was unable to respond to the employee of Al-Kuraimi Bank in Taiz Governorate, south of Sana'a, with approval or refusal about sending a cash transfer to Sana'a, after she was told that the commission amounted to 44% of the value of the transfer.
Umm Tamim said to manasati30. , "I remained silent for a while, after the employee asked me to pay (32 thousand and 200 riyals) transfer commission estimated at (100 thousand) to Sanaa," noting that the amount is very large compared to the previous one, as if we live in two different countries.
The war, with its economic effects between the parties to the conflict in Yemen, led to a deterioration in the national currency in the areas under the control of the legitimate government, with an exchange difference equal to twice its value in Ansar Allah's control areas, which resulted in an increase in the commission of cash transfers that plagued the citizens in the country, after it rose to nearly 45% of the value of the amount to be sent.
Voices have escalated over the past few days, calling for the central bank to be neutralized from the conflict, setting up an independent and neutral monetary policy that ensures the preservation of the currency rate and managing the banking sector independently away from political wrangling, and warning against using monetary policy as a tool of war because of its direct repercussions on the interests of people and the source Their livelihood.
Neutralizing the banking sector
Economic expert Mustafa Nasr, head of the Economic Media Center, said, “The economic reforms team worked to present working papers to neutralize the central bank from the conflict, by communicating with several parties in the two banks, to unify views, the last of which is to push the private sector’s efforts to reach some understandings. With regard to some dual decisions that have been taken.
Nasr indicated to manasati30, that the issuance of dual decisions in both Sana'a and Aden, in turn, led to unrest, which prompted the work team to unify views and calm down to find possible solutions, and an independent and neutral ground.
"The aim of the initiative is to have coordination to preserve the economy from a national perspective, which is the core of the initiative and the economic reforms team," Nasr added.
Pointing out that the economic reforms team includes an elite of businessmen and economic experts, working professionally and seeking to find common ground to relieve pressure on the banking sector away from the unilateral decisions that simple citizens pay for.
Rescue initiative
In a related context, the Peacebuilding Initiative in Yemen (PBY) launched a youth campaign entitled “Saving the Yemeni Economy .. The Road to Peace”, via a video in Arabic and English that includes a real explanation of the reality of the banking sector and its use as a tool of war between the parties to the conflict.
The presented film dealt with the roots of the problem in the banking sector, and its makers transferred information from the mouths of those affected, with impartiality, so that the message could reach the decision-makers, in order to save the Yemeni economy and prevent its further deterioration, and make it an independent sector, especially since it is the most important files that are outside the interest of the parties to the conflict. Which the organizers of the initiative see as "the real and realistic entrance to achieving peace."
"If there are no unconventional solutions with the support and backing of the international community, the national economy will reach a stage of collapse, it is only a matter of time," Abeer Al-Athuri, the head of the Peacebuilding Initiative in Yemen, told manasati30.
Al-Athwari indicated that the peacebuilding initiative in Yemen has a proposal that requires support from the international community to neutralize the economy from the political conflict, away from the two parties to the conflict in Yemen, pointing out that “the proposal is based on implementing realistic, implementable solutions and focuses on priorities that affect life and livelihood. The Yemeni citizen and alleviate his suffering.
