VOL. XXXV
NO. 33
18-MAY-1992
Financial and Banking News
Budgets & Revenues
Gulf War Legacies Cloud Yemen's Economic Prospects
The Yemeni budget for 1992, a detailed breakdown of which has becomeavailable to MEES, paints an optimistic picture of the country's economicprospects for 1992. The deficit is set to fall by 21% (although it remains high,representing 21% of total expenditure), largely due to an increase in taxrevenues and foreign assistance. Defense expenditure is to be curbed and...
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