NYN | News
Amid the worsening economic and living conditions in areas controlled by the legitimate government, the government of Ahmed Awad bin Mubarak in Aden has removed the salary item from the general budget, an unprecedented move in Yemen’s history.
This decision comes at a time when the Yemeni riyal is experiencing a sharp collapse, alongside power and water outages and the absence of basic services, which has led to an escalating public outcry in the temporary capital Aden and several other governorates.
According to sources in the Ministry of Finance, Bin Mubarak has directed the first item in the budget, allocated for salaries, to be redirected to other sectors, without providing any solutions to address the suffering of employees who rely on their salaries to cope with the rising cost of living.
This measure has sparked angry reactions, with economic observers considering the violation of the salary item to be a dangerous precedent not seen in the country for seventy years, warning of catastrophic consequences for the living and economic situation.
These developments come amidst a severe crisis gripping the government of Bin Mubarak and the Rashad Al-Alimi Council, backed by the Saudi-Emirati coalition, as citizens suffer from rising prices, widespread hunger, and the absence of any solutions to stop the economic decline.
Analysts believe that this move could be a precursor to the abolition of the use of the Yemeni riyal, in light of unannounced plans to replace it with the Saudi riyal or the UAE dirham, which could lead to the erosion of Yemen’s monetary sovereignty and further harm to the national economy.
