Hadramawt Governor threatens to stop oil exports if government fails to stop currency collapse

Hadramawt Governor threatens to stop oil exports if government fails to stop currency collapse

The governor of the eastern province of Hadramawt, General Faraj Salem al-Bahssani, on Thursday threatened to stop exporting oil from the province if the government did not intervene to deal with the collapse of the local currency.

Al- Bahssani, commander of the second military region, said in a statement that if the economic situation continues without rapid and urgent treatment by the government, the local authority will have to stop exporting oil.

The Yemeni riyal collapsed to record levels and the dollar reached 640 riyals, raising the prices of commodities, some of which rose to 300 percent.

This has led to a wave of widespread and sustained protests since last Sunday in the south of the country, which has evolved into clashes with the security forces, although the Yemeni government has announced a package of measures to maintain the riyal's price, to date, it has not actually yielded any impact.


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