Yemen’s 2012 GDP Rises But Challenges Remain, Says IMF
After contracting by more than 12% in 2011 due to the political upheaval in the country, Yemen’s real GDP growth is estimated to have risen by 2.4% in 2012, reflecting an easing of supply bottlenecks and utilization of idle capacity, the IMF said on 31 July, following the conclusion of Article IV consultations.
GDP growth in 2013 is projected at 6%. But the recovery remains fragile...