End of financial liquidity crisis in Yemen

End of financial liquidity crisis in Yemen

Yemen Prime Minister Ahmed Obaid Bin Daghar has said that the crisis of financial liquidity was ended, affirming that the government managed to print national currency.

Bin Daghar called the Houthis to stop manipulating national resources and facilitate the Central Bank of Yemen to perform its tasks from the temporary capital, Aden.

"We allowed you (the Houthis) to run the bank from March 2015 to October 2016, but you wasted Yemen's reserves. You wasted $5 billing billion and YR2 trillion. You spent all these financial sums in your battles with the aim of taking over Yemen" Bin Daghar addressed militias of the Houthis and ousted President Ali Abdullah Saleh

Bin Daghar stressed that all salaries of public servants and military sector will be paid, demanding the Houthi putschists to hand over the national resources to the Central Bank of Yemen.

The internationally recognized government of Yemen has begun paying thousands of army and security forces three months’ salaries in arrears under tightened security measures.

Military and public servants have not been paid since September when the president of Yemen Abd Rabbo Mansour Hadi ordered relocating the headquarters of the central bank to the city of Aden to put an end to Al Houthis misusing the country’s reserves.

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