Yemen

We forecast real growth in Yemen at 3.5% in 2006, dipping to 3.2% in 2007, though growth is likely to rise beyond the forecast period as new (but relatively small) oil fields come... 2006-04-19

We expect growth of 3.5% in 2006, only marginally below 2005 growth despite the expected decline in oil prices. This is because the stimulative effect of 2005’s high oil prices... 2006-01-17

High oil receipts in 2005 boosted government revenues and helped to narrow the fiscal deficit. The fact that the government was not able to fully implement World-Bank-prescribed fiscal... 2006-01-09

President Ali Abdullah Saleh was re-elected as leader of the ruling General People’s Congress (GPC) in December, adding to our scepticism about his pledge to stand down. Previous... 2006-01-09

Despite President Ali Abdullah Saleh’s declaration earlier this year that he would not seek re-election in 2006, we now expect him to stand again and to win the elections. We are... 2005-12-21

President Ali Abdullah Saleh has announced an amnesty for all followers of the Believing Youth (BY) militia, a group that has repeatedly clashed with government troops in the past... 2005-10-05

Prospects for growth are constrained by a weak business environment, which is an obstacle to attracting foreign direct investment (FDI). According to the UK ambassador to Yemen, quoted... 2005-10-03

We have revised our oil price forecasts up to an annual OPEC basket average of US$48.5/bbl for 2005, declining to US$45/bbl in 2006. As a result, we expect exports to reach US$6.5bn... 2005-08-12

President Ali Abdullah Saleh, currently the second-longest ruling leader in the Arab world, will not stand for re-election in next year's presidential polls, according to an announcement... 2005-08-03

The case of a key Islamist cleric accused by the US of terrorist links is posing problems for President Ali Abdullah Saleh. The cleric is a high-profile figure in the Islah (Reform)... 2005-04-08