The forces of the US-Saudi aggression aimed to withdraw foreign exchange from Yemeni free cities, the Undersecretary of the Ministry of Finance confirmed on Sunday, calling for tightening control to prevent the entry of counterfeit currency.
Ahmed Hajjer told Almasirah that there is no monetary policy in the occupied southern cities, and there is no single central bank that manages this policy. He explained that there are four banks that are subject to the policy of the US-Saudi aggression and are affected by the mercenaries’ variations.
Hajjer pointed out that the forces of aggression are pushing to print more banknotes in order to get rid of their financial burdens, while the mercenary leaders exploit this to speculate in the currency and accumulate investments in their assets abroad.
The Undersecretary of the Ministry of Finance explained that the cash flow with the pro-aggression government is equal to twice what the local market needs, stressing that the forces of aggression aim to withdraw foreign exchange from the cities that are not under the occupation.
Hajjer also indicated that the forces of aggression will raise the price of the customs dollar, which will increase the suffering of the citizens, since the largest goods come from the occupied areas, and the mercenaries will speculate in the currency due to the increase in the revenues of the occupied areas from customs.
He called for finding a monetary policy with an independent financial economy, so that the economic war does not remain a tool in the hands of the forces of aggression, pointing to the need for cooperation between official authorities and the private sector.
