VOL. XLI

No. 38

21-September-1998

YEMEN

$70Mn IMF Assistance To Yemen

The Central Bank of Yemen announced on 16 September that the second tranche offinancial assistance from the International Monetary Fund (IMF) worth $70mn has beendisbursed. The tranche forms part of a total package worth $600mn. The disbursementfollows a visit to Yemen by Mr. Inder Sud, the World Bank's Middle East Director, duringwhich he praised Yemen's economic reform and said he was "hopeful that we would beable to...