VOL. XLII

No. 06

8-February-1999

YEMEN

Yemeni Government Reveals Positive Economic Progress

The Governor of the Central Bank of Yemen, Mr. Ahmad 'Abd al-Rahman al-Samawi, announced on 29 January that Yemen had met all its international debt obligations for 1998 to a total of $160mn. Mr. Samawi, who did not give a figure for total Yemeni debt, claimed that Yemen had one of the worlds best debt servicing records despite difficult economic circumstances. He explained that the Central Bank had saved...