Finance Ministry: Coalition compensates its military failure by economic pressure

SANAA, Aug. 8 (YPA) – Undersecretary of the Ministry of Finance in the capital Sanaa, Ahmed Hajar, said on Tuesday that whenever the US-backed Saudi-led coalition militarily defeated, it increased pressure on the economic side.
Hajar confirmed that the local currency which circulating in the market, exceeds the available foreign cover and it must form a committee of the Ministries of Finance, Interior and Justice in addition to national security and management of the Central Bank to deal with the crisis.
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Hajar also pointed out that the injection of the local currency without foreign cover doubles the crisis, and it is one of the coalition planes to manipulate the local economy.

Sameera Hassn