VOL. XXXIX

No. 46

12-August-1996

YEMEN

Yemen To Seek Debt Rescheduling From Paris Club

The Prime Minister of Yemen, Mr. 'Abd al-'Aziz'Abd al- Ghani, said in San'a on 2 August that he will meet with the Paris Club of commercial bank creditors to renegotiate some 60% of Yemen's $8.2bn in debt. The meetings will take place in Paris on 22 and 23 September. The Prime Minister also said that the Yemen's GDP had grown by 9.3% since the reform process introduced by his government began in...