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عدن تايم
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2026-07-27T14:40:21.000Z

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Economic Review of Electricity Tariff Hikes

Economic Review of Electricity Tariff Hikes

The article discusses the impact of raising electricity tariffs on Yemen’s economy and its citizens. It considers this a step to generate revenue from the electricity sector, which relies on burdening the citizens with its costs. This approach worsens inflation, leads to higher prices for food and services, weakens purchasing power, and causes the local currency to depreciate, thereby expanding the circle of poverty and deepening the economic crisis. The article also criticizes the absence of balanced government policies that protect citizens and bolster the country's resources through investment in promising economic sectors such as oil, gas, ports, tourism, and solar energy, instead of relying on increasing taxes and fees. It emphasizes that improving resource management and developing productive sectors is a sustainable solution to alleviate the burdens on citizens and strengthen the economy, while avoiding dependence on imposing additional charges on essential services.

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