Economist: Yemen likely to escape effects of global wheat crisis
Expert economist Rachid al-Haddad has said on Friday that “Yemen will not be among the countries most affected by the global wheat crisis.”
“Yemen has not yet entered the list of the largest wheat importers, as it is one of the least importing countries of wheat from the world market,” al-Haddad said in a Facebook post.
Al-Haddad said that Yemen imports only 3.2 million tons, compared to wheat-growing Egypt, which imports 12.1 million tons regardless just to cover its production gap.
He explained that India excluded Yemen from its recent decision to stop the export of wheat abroad, and is showing its readiness to supply the Yemeni domestic market with any quantities of wheat it needs.
E.M