VOL. XLII

No. 29

19-July-1999

YEMEN

IMF Executive Board Completes Yemen Review And Approves NextCredit Tranche

The International Monetary Fund (IMF) has completed itsfirst review of Yemen under the second annual Enhanced Structural AdjustmentFacility arrangement and its third review under the Extended Fund Facilityarrangement. In a statement the Fund said that as a result, Yemen may nowborrow an additional SDR37mn ($50mn), which will bring the total IMF supportunder both arrangements, approved...