September 25, 2021

Yemeni central Bank employees’ strike threatens to paralyze Yemeni economy

FNA 12.1.13 the Yemeni Central Bank employees started a comprehensive strike Saturday in a step which economists see as a threat of entire paralysis to the country’s economy.

Tawfiq al-Arasi, chairman of the Central Bank employee’s union said the execution of the comprehensive strike came as a final option as it is implemented through intervals, after carrying out partial strikes since July of last year, which was lifted by mediation of the Defense Minister. It is renewed last Wednesday by a partial gradual strike ending with the comprehensive strike on Saturday Arasi said.
He added the negotiations are still ongoing with the bank’s Board of Directors. He hoped for an eminent solution which meets the employees’ demands, realized in the settlement of the wages structure, the job rotation and issuance of a bylaw regulating the relationship between employees and the bank’s board.
“we started Saturday a comprehensive strike, however we exempted the foreign transactions and the treasury bonds for the sake of national interests, and the guarantee not to harm the national economy,” said Shamsan Babekr, the information spokesperson of the Central Bank’s employees.
Shamsan accused the bank’s Board of Directors of procrastination in the implementation of previous promises which were reached through the mediation led by the Defense Minister on August 1, emphasizing the employees will continue their strike until the fulfillment of all their demands.