Middle East Economic Survey


No 30



Many Die In Riots After Yemen Cuts Fuel Subsidies

Riots broke out in several towns in Yemen leading to the death of over 40 protesters and security men following the governments decision to cut fuel subsidies as part of efforts to tackle the countrys budget deficit. Parliament had opposed the measures, holding up the approval of the 2005 budget, but the government gained agreement by promising a program of wide-ranging reforms (MEES,...