Najib Mikati
بحث

English

Food Prices Surge 30% in Houthi-Controlled Areas Amid Accusations of Exploitation

yementoday

|
21 hours ago
A-
A+
facebook
facebook
facebook
A+
A-
facebook
facebook
facebook

Sana'a and other areas under Houthi control are experiencing a significant and sudden surge in the prices of food and consumer goods, with increases exceeding 30% in the past 48 hours. This sharp rise is occurring despite stable exchange rates, leading to accusations of organized exploitation by companies and merchants, allegedly with direct complicity from Houthi regulatory bodies.

Local sources confirmed that the price hikes encompass all essential commodities, including drinking water, which has reached record levels with a carton now costing 2,000 Yemeni Rials. Concerns are mounting as these increases have been imposed on goods and raw materials already in storage, purchased at previous prices, with no new imports at allegedly higher costs. This suggests a strategy of illicit profiteering at the expense of citizens' basic needs.

In public opinion polls, residents have expressed profound dissatisfaction with the accelerating economic decline. They point to the so-called Ministry of Industry and Trade and its local offices as standing by idly, failing to take any deterrent measures against companies and factories that have abruptly raised their prices.

"We are dying slowly," stated one Sana'a resident. "The militia has plundered our salaries for years, and now they are allowing merchants to strip what little remains in our pockets. There is no oversight, no accountability; it appears there are shared interests between militia leaders and major traders."

Citizens have accused the relevant Houthi-affiliated authorities of neglecting their duties and colluding in the implementation of these new price increases. They assert that this deliberate inaction fuels the black market and further burdens the populace, who are already suffering from the repercussions of the war initiated by the militia in 2014.

Furthermore, public demands have escalated for an urgent investigation into the local companies and factories spearheading this price surge. Observers warn that the continued silence from the de facto authorities (the Houthis) reinforces the hypothesis of a partnership between the group's leadership and loyalists involved in commercial corruption, all within a context of the world's worst humanitarian conditions, where millions live below the poverty line due to salary disruptions and unjust fiscal policies.

جميع الحقوق محفوظة © قناة اليمن اليوم الفضائية
جميع الحقوق محفوظة © قناة اليمن اليوم الفضائية