Middle East Economic Survey

VOL. XLVII

No 24

14-June-2004

BUDGETS AND REVENUES

Yemen Foreign Debt Ends 2003 At $5.36Bn, Says Government Report

Yemens foreign debt ended 2003 at $5.36bn according to a government report submitted to the cabinet last week, up $140mn since the end of 2002. Total gross paid installments of the foreign debt including interest reached $3.106bn at the end of 2003. During the course of 2003, the Yemeni Government renegotiated some of its debt with creditors resulting in the...