Yemeni Ports Revenues at $52 Million in 3 Months

A gunman walks at the Red Sea port of Hodeidah, Yemen May 10, 2017. (Reuters)
A gunman walks at the Red Sea port of Hodeidah, Yemen May 10, 2017. (Reuters)
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Yemeni Ports Revenues at $52 Million in 3 Months

A gunman walks at the Red Sea port of Hodeidah, Yemen May 10, 2017. (Reuters)
A gunman walks at the Red Sea port of Hodeidah, Yemen May 10, 2017. (Reuters)

A specialized Yemeni government committee confirmed that measures taken on port revenues by authorities managed to collect about 52 million dollars in three months, topped by the port of Hodeidah, with nearly 23 million dollars.

The economic committee said in a statement that these funds collected from imports and in port revenues will help pay the salaries of public service employees in areas controlled by the Iran-backed Houthi militias. The payments will be made according to a UN plan.

It also stressed that these funds will contribute to financing the state budget deficit. Effectively collecting port revenues serves as a clear indicative for the government’s success in implementing sovereign laws and a move in the right direction towards economic stability.

Forty-four percent of revenues came from Hodeidah port, followed by Aden port at 35 percent Mukalla port with 16 percent and finally the Nashitun port in Al-Mahra governorate, which accounted for 5 percent of total revenues.

Since August, the government started implementing port measures that impose paying fuel import duties in the form of customs and taxes given to the war-torn country’s Central Bank in the interim capital of Aden.

The economic committee also said it had granted “four fuel ships entry permits to unload to the port of Hodeidah upon the request of the UN Special Envoy’s office.”

In previous statements, the economic committee accused the Houthis militias of standing behind the suspension of shipments of fuel off of Hodeidah port and of delaying entry procedures and unloading of cargo.

The government committee said the militias had stopped eight fuel tankers from docking at Hodeidah by preventing traders from submitting documents for government authorization. Houthis have been trying to create and prolong a fuel crisis in Yemen.



Israel’s Defense Minister Says Hezbollah ‘Will Pay Increasing Price’

18 September 2024, Israel, Haifa: Israeli Minister of Defense Yoav Gallant speaks to Israeli army soldiers during his visit to the Ramat David airbase. (Ariel Hermoni/GPO/dpa)
18 September 2024, Israel, Haifa: Israeli Minister of Defense Yoav Gallant speaks to Israeli army soldiers during his visit to the Ramat David airbase. (Ariel Hermoni/GPO/dpa)
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Israel’s Defense Minister Says Hezbollah ‘Will Pay Increasing Price’

18 September 2024, Israel, Haifa: Israeli Minister of Defense Yoav Gallant speaks to Israeli army soldiers during his visit to the Ramat David airbase. (Ariel Hermoni/GPO/dpa)
18 September 2024, Israel, Haifa: Israeli Minister of Defense Yoav Gallant speaks to Israeli army soldiers during his visit to the Ramat David airbase. (Ariel Hermoni/GPO/dpa)

Israel’s defense minister said Thursday that Hezbollah “will pay an increasing price” as Israel seeks to make conditions near its border with Lebanon safe enough for residents to return to their homes.

Yoav Gallant’s comments came as Israel and Hezbollah exchanged strikes and the group’s leader, Hassan Nasrallah, vowed retaliation against Israel for a mass bombing attack in Lebanon.

“Our goal is to ensure the safe return of Israel’s northern communities to their homes. As time goes by, Hezbollah will pay an increasing price,” said Gallant. “The sequence of our military actions will continue.”

Nasrallah said on Thursday this week’s deadly attack on the Iran-backed group’s communications devices was a “severe blow” that crossed a “red line.”

He added group is investigating how the two-day attack, which killed more than 30, wounded thousands and was widely believed to be carried out by Israel.

“Yes, we were subjected to a huge and severe blow,” he said. “The enemy crossed all boundaries and red lines.”

As usual, Nasrallah spoke by video from an undisclosed location. Hezbollah typically convenes a rally for supporters to watch his speeches on a big screen, but this time they did not.