By Dalia Elsabbagh, Sikandra Kurdi, and Manfred Wiebelt
There has been an unprecedented decline in the flow of remittances to Yemen – a vital source of money for millions – as a result of the COVID-19 pandemic. A Social Accounting Matrix (SAM) multiplier model of Yemen’s economy was used to estimate the impact of lower remittances on economic sectors and employment, food systems, and household incomes. Some of the key findings from this modeling exercise are: [...]