Yemen Resident Representative Site
Resident Representative Office in Yemen
January 7, 2013
This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Yemen and the IMF. Additional information can be found on Yemen and IMF country page, including official IMF reports and Executive Board documents in English that deal with Yemen.
News — Highlights
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Yemen and The IMF
Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund
April 26, 2013
The challenges facing Arab countries in transition —Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen—were a focal point for policymakers during the 2013 IMF-World Bank Spring Meetings in Washington last week.
Arab Countries in Transition - Economic Outlook and Key Challenges - Deauville Partnership Ministerial Meeting
April 19, 2013
Subject: Secretary's Memorandum to Executive Board
December 9, 2012
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
Enabling Economic Transformation in the Middle East and North Africa by David Lipton, IMF First Deputy Managing Director
Regional Economic Outlook: Middle East and Central Asia
The outlook for the Middle East and North Africa region is mixed. Oil-importing countries are witnessing tepid growth, and the moderate recovery expected in 2013 is subject to heightened downside risks. For the Arab countries in transition, ongoing political transitions also weigh on growth. With policy buffers largely eroded, the need for action on macroeconomic stabilization and growth-oriented reforms is becoming increasingly urgent. Countries will need to put in place safety nets to protect the poor and build consensus for some difficult fiscal choices. The region's oil exporters are expected to post solid growth in 2012, in part due to Libya's better-than-expected postwar recovery. In the countries of the Gulf Cooperation Council, robust growth is supported by expansionary fiscal policies and accommodative monetary conditions.
In the Caucasus and Central Asia, the outlook remains favorable, reflecting high oil prices that are benefiting oil and gas exporters, supportive commodity prices and remittance inflows benefiting oil and gas importers, and, for both groups, moderate direct exposure to Europe. The positive outlook provides an opportunity to strengthen policy buffers to prepare for any downside risks.