Popular Revolution Demands Departure of US-Saudi Occupation from Yemeni Hadhramaut
The popular revolution continued in Hadhramaut province, eastern Yemen, against the US-Saudi aggression’s decision to raise the prices of fuel derivatives.
Local sources in the city of Mukalla said that the citizens protested against what they described as imposing more burdens on citizens, in light of the economic crisis in the country.
The sources indicated that the protesters chanted slogans demanding the departure of the US-Saudi occupation from Yemen, and the downfall of the pro-aggression “Hadi government.”
The branch of the oil company in Hadhramaut had decided, Thursday, to raise the price of a liter of gasoline to 1,200 riyals.
This measure comes while the “Hadi government” claims to improve the economic situation, and the collapse of the price of the local currency “riyal” against foreign currencies.
Saudi Arabia, backed by the US and its other regional allies, launched a devastating war on Yemen in March 2015. The seven years and half of war has killed hundreds of thousands of people and destroyed much of the country’s infrastructure. Yemeni people are facing malnutrition, hunger, and famine, which have increased risks of disease and starvation.
Yemeni Armed Forces have repeatedly warned the Saudi regime to stop its war, promising the regime larger and painful operations if it continues its aggression and siege on the country.
Occupied southern governorates are witnessing a tragic situation, high crime levels, currency deterioration, and rising prices. They have witnessed protests and sit-ins during the last period, due to the worsening humanitarian and economic conditions.
The Yemeni riyal exchange rates continued to deteriorate significantly against foreign currencies in the occupied governorates, as the exchange rate of one US dollar exceeded the barrier of 1500 riyals, in Aden and Hadramout provinces, while remaining stable at 602 riyals in governorates under the Salvation Government rule.
The deterioration of the local currency comes as a result of the pro-Saudi government printing one trillion and 800 billion riyals of illegal currency without a cash cover last year, in addition to its acquisition of all fuel revenues in the southern governorates, and their transfer to a special account with the National Bank in Riyadh.