Yemen in Economic Crisis
Peter Salisbury, Senior Research Fellow, Middle East and North Africa Programme, Chatham House
As conflict in Yemen enters its third year and a devastating humanitarian crisis continues to worsen, the fractured country’s economy has reached the point of collapse. In September 2016, exiled president Abdrabbuh Mansour Hadi ordered the Central Bank of Yemen to be relocated from the capital Sana’a, which is controlled by Houthi rebels, to the southern city of Aden, leading to fears his government planned to strangle Houthi-controlled areas economically. Peter Salisbury will present an update on Yemen’s economic situation and argue that the economy has become the newest front in Yemen’s war.
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