VOL. XLI
No. 23
8-June-1998
YEMEN
Declining Oil Prices And Budget Revenues
In Yemen the Prime Minister, Mr. Abd al-Rahman al-Iryani, has pledged tocontinue the process of economic, financial and monetary reforms in his country. Outlininghis new government's policy on 1 June, Mr. Iryani said that he will seek to implementreforms and combat the economic downturn. He warned that the Asian economic crisis and thefall in oil prices will have a negative effect on the economy and will increase the...
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