Yemen Monitor/Newsroom:
In collaboration with the Arab Political Forum, the Mokha Center for Strategic Studies organized a broad economic symposium in Marib governorate on Saturday. Titled “The Economic Situation in Yemen: The Legitimate Government’s Options Amid Houthi Violations,” the event was attended by representatives of political parties and a number of academics and economic researchers.
The symposium featured three main working papers that focused on addressing Yemen’s economic challenges and activating the legitimate government’s tools to improve financial and monetary conditions.
In his opening speech, Abdo Mudhesh, a professor of economics at Saba Region University, stressed the importance of boosting revenues and unifying financial and monetary policies among state institutions, asserting that coordination among relevant bodies is a fundamental condition for successful reforms.
Meanwhile, researcher and economic journalist Mohammed Al-Jumai’s paper addressed the risks of money laundering and currency counterfeiting by the Houthi militia. He explained their repercussions on the national economy and called for a unified currency and the printing of a new, highly secure edition to prevent monetary manipulation.
Dr. Azhar Al-Qadasi reviewed the general economic situation, presenting a comprehensive vision for achieving financial stability by developing infrastructure, increasing local production, and enhancing economic growth in the liberated areas.
The symposium featured extensive discussions on the recommendations, with participants expressing support for government measures that have led to a relative improvement in the local currency’s value. They emphasized the important role of the Chamber of Commerce and Industry in controlling prices and regulating markets.
The symposium recommended enhancing cooperation between the legitimate government and political parties to confront economic challenges, emphasizing that reforms require a strong political will and national unity to ensure their success and achieve sustainable economic stability.
