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."

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