Yemeni citizens responded to the announcement by Saudi officials to inject USD 2 billion (EUR 1.6 billion) into Yemen’s central bank, footage filmed in the capital Sana’s on Wednesday shows.
The decision, announced last Wednesday, came following a sharp fall in the Yemeni riyal, and a plea by Prime Minister Ahmed Obeid bin Daghr for funds to support the ailing currency.
One citizen, Mohammed Ali, commented saying that the people of Yemen are” confused and worried about the future of their livelihood.”
Rachid Haddad, a Yemeni economist, blamed the on-going “the aggression and siege” war for the currency crisis, saying, “The Yemeni riyal collapsed due to the aggression and siege over more than two and a half years by 60% of its previous purchasing value.” He added that this “had a direct impact on the prices of food in the local market as well as on the standard of living of Yemeni citizens.”
The war in Yemen is now in its third year. Human rights organizations have repeatedly accused the Saudi-led coalition of bombing civilian areas.
According to United Nations data published in 2017, Yemen’s civilian death toll exceeds 5,000.