Aden, southern provinces witness rising prices despite currency devaluation

ADEN, Aug. 30 (YPA) – The prices of essential goods and services in Aden and the other southern and eastern provinces, under the Saudi-led coalition, remain high.

Rather than dropping with the recent currency devaluation, prices have actually increased in some sectors, raising questions about the effectiveness of government oversight measures.

The price hikes affect a wide range of goods and services, including transportation, restaurants, hospitals, medications, and food items like vegetables, fruits, meat, fish, and dairy. School tuition fees in private schools have also risen.

Despite new price lists issued by relevant authorities, local sources say that many traders, including bakers, are exploiting the lack of effective regulation and refusing to comply with official pricing. This has led to strikes by some merchants, such as butchers in Aden, who are protesting what they call the “arbitrary implementation of decisions” and a disregard for product quality.

This situation has caused widespread anger among citizens and economic experts. They accuse the pro-coalition authorities of negligence and complicity in keeping prices high, which is exacerbating the suffering of residents struggling with the high cost of living. Experts are calling for the activation of strong deterrents, the application of penalties for violators, and intensified regulatory campaigns to ensure compliance with fixed prices.

Public outrage is growing following the revelation that officials in the Aden government, which is loyal to the coalition, are receiving thousands of dollars in monthly “allowances” from oil revenues, even as citizens face severe economic hardship.

YPA