Wadhah Al-Awlaqi has served as the Chief Economist at the Sana’a Center for Strategic Studies since 2019. He has over a decade of experience in economic research, analysis, and policy development focused on Yemen. He held several key positions at the Central Bank of Yemen, overseeing strategic planning, financial reporting, budget management, and accounting operations. He holds an MBA in Finance from the prestigious KAIST Business School in South Korea.
Wadhah's latest contributions
Economic War Set for Escalation Following Riyadh Consultations
The official economic outcomes from the inter-Yemeni consultations in Riyadh in April were flawed, unfinished and of questionable utility from a policy or governance standpoint. What they were useful for, however, was as a bellwether for gauging the intentions of the internationally recognized Yemeni government moving forward, pointing toward a … Read more
Saudi and Emirati Financial Support Buoys Yemeni Rial
On April 7, Saudi Arabia and the UAE announced US$1 billion each in new financial support for the Central Bank of Yemen in Aden, with Riyadh pledging a further US$1 billion to support development projects and fund fuel imports in government-held areas. The announcement was among the outcomes of the Riyadh consultations, and reaction in the Yemeni … Read more
Changing of the Guard – The Yemen Review, April 2022
The surprise resignation of long-serving President Abdo Rabbu Mansour Hadi and the appointment of a new Presidential Leadership Council heralded a busy month of political and economic developments in Yemen, as a UN-brokered Ramadan truce largely held across the country. Hadi ceded his powers to a council of prominent military figures led by former … Read more
Yemen Economic Bulletin:
Money Exchangers Eye Windfall from Rial’s Recent Gains
The value of Yemeni rials increased dramatically today, April 7, following the announcement of US$3 billion in new Saudi and Emirati support for the internationally recognized Yemeni government. However, there are strong signs already from the money market that the rebound will be temporary.
Consultations in Riyadh between Yemeni parties to the … Read more
Economics
The fuel crises that erupted in both government- and Houthi-controlled areas in January continued throughout March. By mid-March, the authorities in Sana’a had increased the commercial price of gasoline by 43 percent to YR16,000 for a 20-liter tank, while the same quantity on the black market sold for YR26,000 (both priced in old rials, issued … Read more