VOL. XXXIX

No. 32

5-May-1996

YEMEN

Some Insight Into Yemen's Public Finance

The Yemen Times has recently published some macro- economic numbers on Yemeni Government finances over the period 1992-96. The numbers, shown in the table below, should be treated with caution and should only serve to give some indication of the evolution of expenditures and revenues. The Yemeni Government issued formal budget projections in 1995 and 1996 and before that in 1992. No budget was issued in 1994,...