VOL. XXXIII

NO. 34

28-MAY-1990

Financial and Banking News

Economic Perspectives

United Yemen Faces Economic Difficulties

The new Yemen Republic will issue its first state budget within the next fewweeks, covering the period until the end of 1990, meaning that the North Yemenibudget for 1990, announced in March, has now been abandoned (South Yemen did notproduce a budget for 1990). Both countries have run trade and current accountdeficits in recent years. The new Minister of Finance is Mr. Ilwi...