Remittances Dropped by 80 Percent in Yemen
Source: Middle East Monitor
"Remittances dropped by 80 percent – or $253 million – in the first four months of 2020 as a result of mass job losses across the Gulf," an Oxfam press release disclosed. According to RT, Yemenis transferred $431 million every month in 2019.
The British aid organisation added: "Borders and supply route closures have led to food shortages and food price spikes in the country which imports 90 percent of its food."