European Parliament Library

Republic of Yemen :, 2007 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen

This 2007 Article IV Consultation highlights that despite recent progress in poverty reduction, Yemen remains far from achieving the Millennium Development Goals. Oil production has been declining since 2000, and in the absence of major discoveries, proven oil reserves could be depleted in some 10 years' time. Economic performance in 2006 was generally favorable, but was accompanied by an increase in inflation. Overall real GDP growth reached 4 percent in 2006, with a 6 percent non-oil growth offsetting an 8 percent decline in oil production
Table Of Contents
""Cover""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Recent Economic Developments""; ""III. Policy Discussions""; ""A. Policies for 2007: Reducing Inflation""; ""B. Medium-Term Policies: Ensuring Fiscal Sustainability""; ""C. Medium-Term Policies: Promoting Sustained Nonhydrocarbon Growth""; ""D. Data and Other Issues""; ""IV. Staff Appraisal""; ""Tables""; ""1. Selected Economic Indicators (Adjustment scenario), 2003-12""; ""2. General Government Finances (Adjustment scenario), 2003-12""
Literary Form
non fiction
Cover title
Physical Description
1 online resource (60 p.)
Specific Material Designation
Form Of Item

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