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Republic of Yemen Staff Report for the 2004 Article IV Consultation

This 2004 Article IV Consultation highlights that economic growth in Yemen slowed in 2004 owing to a sharp contraction in the oil sector. Oil production declined by 5.9 percent, reflecting diminishing recovery from aging large oil fields as well as the absence of significant new discoveries. Some pr...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Energy: Demand And Supply
Revenue Administration
Public Debt
Oil Prices
Industries: Energy
Public Finance & Taxation
Oil
Investments: Energy
Debt Management
Debts, Public
Fiscal Policy
Debt
Budgeting
Petroleum Industry And Trade
Labor
Sovereign Debt
Commodities
Energy: General
Taxation, Subsidies, And Revenue: General
Civil Service & Public Sector
Prices
Macroeconomics
Budgeting & Financial Management
Investment & Securities
Public Finance
Revenue
Petroleum, Oil & Gas Industries
Yemen, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2004 Article IV Consultation highlights that economic growth in Yemen slowed in 2004 owing to a sharp contraction in the oil sector. Oil production declined by 5.9 percent, reflecting diminishing recovery from aging large oil fields as well as the absence of significant new discoveries. Some progress has been made in structural reforms. The revised General Sales Tax law submitted to parliament in late 2004 included several improvements designed to protect the integrity and simplicity of this tax
Physical Description:68 pages
ISBN:9781451840803

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