Depriving pro-coalition government from Hadramout’s revenues will plunge it into stifling economic crisis

HADRAMOUT, Nov. 27 (YPA) – Governor of Hadramout, loyal to the Saudi-led coalition, on Sunday approved his rebellion against pro- coalition government, following the outbreak of a heated battle of words between him and Ahmed Ghaleb al-Maaqbi governor of the Central Bank of Aden during a meeting held in Aden in mid-November.

According to the sources, Mabkhout bin Madi gathered the so-called “executive office” in Hadramout Valley and the coast, and approved the transfer of the province’s revenues, including the revenues of the border crossing with Saudi Arabia, to the governorate’s account, without transferring them to the Aden Bank’s accounts, in a move described as bold for Hadramout’s financial independence.

The sources pointed out that the executive offices in Hadramout took this decision so that they could fulfill their duty towards services provided to citizens, amid the pro-coalition government’s disavowal of providing fuel for power stations, including bearing 96 billion riyals in exchange for meeting fuel obligations.

The sources considered that the decision would compound the pro-coalition government, its economic crisis more due to the loss of huge revenues it was earning from Hadramout, indicating that the decision would open the door for the rest of the southern governorates to take the same position, which threatens with an inevitable end of the government.

The pro-coalition- government depends on some revenues and the interruption of the dues of those outside Yemen, which was granted by the government without paying attention to the main services.

This comes after the director of the Bank of Aden, appointed by the coalition, refused to transfer Hadramout’s share of oil revenues, which is estimated at 15 billion riyals, and was satisfied with giving the province 5 billion riyals, amid accusations that he squandered the revenues of oil sales during the last period.

E.M