VOL. XXXVII
NO. 1
4-OCTOBER-1993
Financial and Banking News
BUDGETS AND REVENUES
Yemeni Budget Continues To Slide
Yemen ran a budget deficit equivalent to 43% of expenditure during the firstseven months of this year, according to figures published by the Yemen Times.The newspaper's figures, which it says are taken from government sources, showexpenditure of YR34,023mn ($2,617mn at the official rate of $1=YR13) in thefirst seven months, against revenues of YR19,376mn ($1,490mn), leaving a deficitof...
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