A worker carries sack of sugar at a store in Sanaa, Yemen, July 13, 2016. Picture taken July 13, 2016. REUTERS/Mohamed al-Sayaghi
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Many areas of Yemen are suffering from malnutrition partly because importers are unable to buy new food stocks from abroad as over $200 million is stuck in banks due to the civil war disruption, trade and aid sources involved say.An international commodities trade source involved in the food trade with Yemen, who has knowledge of the country's financing troubles, said as much as $260 million – held in different foreign currencies in Yemeni banks – cannot be transferred abroad partly because relations with many Western banks had broken down.Officials at Yemen's central bank declined to comment.The official and the trade source both said the funds were deposited in an account with Yemen's Tadhamon International Islamic Bank in Saudi Arabia – a process which took months to complete.Out of Yemen's 28 million people 21 million people need some form of humanitarian aid and over half the population suffer from malnutrition, the U.N. said.
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