Skip to main content

How Yemen plans to dry up Houthis' funding

Yemen is making major changes in its fiscal operations, hoping to get back revenue sources it says are being hijacked by Houthi rebels.
Houthi fighters stand as they attend a tribal gathering in Yemen's capital Sanaa, August 11, 2016. REUTERS/Mohamed al-Sayaghi - RTSMNUB

ADEN, Yemen — After years of civil war, the Yemeni government has declared an economic war on Houthi rebels.

Yemen's internationally recognized government, headed by Prime Minister Ahmed Obeid bin Daghr, is shifting its treasury temporarily to the Central Bank branch in Aden, hoping to stem the flow of money he believes is funding the rebel's war efforts. The government's administration moved to Aden when the Houthis took control of Yemen's capital, Sanaa, and the Central Bank there in September 2014.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 for annual access.