Republic of Yemen : 2008 Article IV Consultation; Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen.

Recent economic performance in Yemen has been mixed. A sharp decline in oil production, coupled with inflexible government expenditure and only marginal improvement in the tax-to-GDP ratio led to an overall fiscal deficit of 5.8 percent in 2007. Executive Directors have noted that Yemen's non-o...

Deskribapen osoa

Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2009.
Saila:IMF Staff Country Reports; Country Report ; No. 2009/100
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:Recent economic performance in Yemen has been mixed. A sharp decline in oil production, coupled with inflexible government expenditure and only marginal improvement in the tax-to-GDP ratio led to an overall fiscal deficit of 5.8 percent in 2007. Executive Directors have noted that Yemen's non-oil GDP growth has been solid in recent years, and progress has been made on a number of structural reforms. Directors have welcomed the authorities' commitment to reduce expenditure in the event that oil prices remain below the benchmark price in the 2009 budget.
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Deskribapen fisikoa:1 online resource (61 pages)
Formatua:Mode of access: Internet
ISSN:1934-7685
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