Yemen's economic future: from survival to reconstruction

As the Yemen crisis enters its fourth year, the scale of protection and humanitarian needs is staggering. Faced with widespread violations of international humanitarian law, the collapse of essential services, rising food prices and a crippling health system unable to handle cholera and diphtheria outbreak, Yemenis are fighting for daily survival amid a devastating war.To complicate matters, due to the impact of counter-terrorism laws and the growing fear of financing terrorism, European and American banks have implemented ‘de-risking’ measures - such as delaying or closing down financial transactions to Yemeni humanitarian and business communities to minimise money-laundering risks.