Banking sources warned of the danger of the stifling liquidity crisis in areas controlled by the Houthi militia, which may cause merchants to be unable to import basic goods.

Banking researcher, Nashwan Salam, said that the seriousness of the stifling liquidity crisis that Yemen has been going through during the recent period in many areas, most of which are under the control of the Houthis, as they suffer from the obsolescence and expiration of damaged banknotes, and its extension to denominations of five hundred and one thousand riyals.

For his part, the Yemeni banker, Ali Al-Tuwaiti, believes that disaster may befall Yemen if this conflict continues, which threatens the survival of banks and commercial sectors in light of the recent major challenges that may cause the collapse of commodity supply lines, as Yemen depends on imports to meet all... His needs.

The Yemeni banker, Ali Al-Tuwaiti, believes that disaster may befall Yemen if this conflict continues, which threatens the survival of banks and commercial sectors in light of the recent major challenges that may cause the collapse of commodity supply lines, as Yemen depends on imports to meet all its needs, according to An interview with “Al-Arabi Al-Jadeed”.

The economic expert, Yassin Al-Qadi, confirms that the solution to all these crises that cast a dark shadow on the livelihood of the Yemenis requires the reunification of the general monetary institution represented by the Central Bank of Yemen and the neutralization of its work under international supervision, so that it works to impose a unified monetary circulation policy and create a reserve of foreign currencies with the help of... The United Nations and donor countries, in order to solve the liquidity problem and unify the fragmented national currency.

Recently, the Houthi militia resorted to “minting” a coin to confront the liquidity crisis, at a time when the internationally recognized government in Aden considered the Houthis’ recent policy and decisions to be provocative and destructive to the economy and the national currency.

The Houthi militia rejects any solutions proposed to resolve the division and unify the currency that they worked to fragment through their refusal to accept the circulation of printed banknotes and their irresponsible destructive action of pumping out the damaged paper currency that was stacked in the Central Bank in Sanaa before their seizure of it upon their entry into Sanaa and their coup against Constitutional institutions.