The Yemeni Prime Minister reveals the extent of his country’s losses due to the Houthis… and praises the role of the United Arab Emirates
Yemeni Prime Minister Maeen Abdulmalik Saeed estimated his government’s losses from Houthi attacks on export terminals at nearly $1 billion.
“Yemen is currently going through a difficult and delicate stage as a result of the war, the Houthi coup, and their control of the political capital Sanaa and the central state institutions,” Abdulmalik said during a speech at the main session of the World Summit of Governments in Dubai. “We assure regional and international partners and financial institutions that support for Yemen and its national institutions is the basis,” he said.
“Yemen’s resilience stocks are being depleted, the national economy has shrunk by half, and with recent Houthi attacks on oil facilities and ports, the country has lost between $800 million and $1 billion,” the prime minister said.
“If it weren’t for the economic reforms implemented by the government and its cohesion, the collapse would have occurred, given that salaries are at a minimum and purchasing power has fallen to record levels,” he said. “Education, hospitals, operating budgets and other sectors are in a difficult situation.”
Yemeni Prime Minister Dr. Maeen Abdulmalik Saeed praised the support provided by the United Arab Emirates to Yemen in recent years after it was hit by crisis and war due to the Houthi coup
He continued: “I met with Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, and he asked me about the fuel crisis. I told him that we are spending $600 million on old gas stations, and he said to me: Don’t go backwards with regards to fossil fuels.. “They thought differently and within days the UAE side was working on the construction of the first and largest power plant with a capacity of 120 megawatts.”
“Sheikh Mohamed Bin Zayed told me, ‘We want something to put a mark on Yemen’s support’, and I repeated that the UAE put a stain on history in the Marib Dam, and now it is funding the Hassan Dam to achieve an agricultural boom, considering it one of the largest dams in Yemen.”
Regarding education, the Yemeni Prime Minister said, “While the Houthi militias destroyed universities, we established new universities, and the Emirati government has helped us a lot, but the issue of quality education remains our concern; The professor’s salary ranged between $1,000 and $3,000. We therefore need support to preserve the capabilities of the Yemeni people.
The Yemeni prime minister said the country’s rescue depends on continued support, noting that food security, supply chains, and the Russian-Ukrainian war pose ongoing challenges for governments.