The resigned Yemeni government’s finance minister warned that the Yemeni economy is on the verge of collapse.
According to the Pak Sahafat news agency, quoted by Sputnik, the resigned Yemeni government’s finance minister, Salim bin Brick, has warned of the collapse of the Yemeni economy in the Saudi-occupied provinces if the war continues. He also stressed that the Yemeni economy needs the support of Saudi Arabia.
The remarks were made by the resigned Yemeni Minister of Finance at a capacity building workshop of the Yemeni Ministry of Finance, which was coordinated by the “Saudi Program for the Development and Reconstruction of Yemen” in Riyadh.
Salem Ben Brick announced in this workshop: The Yemeni economy is facing major problems and is on the verge of collapse, and the devaluation of the national currency against foreign currencies is one of the most important challenges, especially after the price of the dollar crossed the 1,500 Yemeni rial.
Read more: Yemen war; the result of a hostile Saudi-Israeli alliance: https://www.paksahafat.com/en/?p=16929
Brick also said that the devaluation of the Yemeni currency has led to an unprecedented rate of inflation that has not existed in Yemen’s history.
By occupying a number of Yemeni provinces, the Saudi coalition has not only spread insecurity but also pushed the economy of these areas to the brink of bankruptcy.