VOL. XL No. 2126-May-1997


Yemen Appoints New Central Bank Governor

Yemeni President 'Ali 'Abd Allah Salih on 18 May appointed Mr. Ahmad 'Abd al-Rahmanal-Samawi as the new Governor of the Yemeni Central Bank. Mr. Samawi is a formerminister of the economy and also a former chairman of the board of directors ofthe Yemen Bank for Reconstruction and Development. He replaces Mr. 'AlawiSalih al-Salami. Earlier in May, the Central Bank lowered the minimum interestrate on deposits as part of an...