Civil society of Development and Freedoms

Pro-Hadi activists demand return of Yemeni Central Bank to Sanaa to avoid total economic collapse

Pro- Hadi government activists have on Monday called for the return of the Central Bank to the Yemeni capital Sanaa, due to the coalition-backed government’s inability to address the rapid collapse of the local currency and its disregard for the suffering of citizens.

The activists accused Hadi’s government of being totally incapable to deal with the collapse and recklessness of the suffering of citizens.

Fathi Balzraq, a journalist close to the so-called Hadi government, stressed the importance of the Central Bank’s return to Sana’a, “in order to remedy the problem of collapse.”

“Reforming Yemen’s economy and addressing the imbalance and division of the currency requires the return of the Central Bank of Yemen from Aden to Sana’a,” he said in a post on his Facebook page.

He noted that the Central Bank’s previous management must be re-engaged in its economic activity, away from foreign interventions.

The demands are caused by a sharp collapse in living conditions in coalition-controlled areas, as well a the Hadi government’s recognition of its total inability to stop the economic collapse.

E.M

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