World Bank Report Highlights Challenges and Opportunities for Yemen's Economic Recovery and Growth
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India, June 2 -- WASHINGTON - The World Bank has released a new Country Economic Memorandum on Yemen, highlighting challenges faced by the country and opportunities for recovery and growth. The report, titled "Al Mustaqbal (The future): Glimmers of Hope in Dark Times," uses innovative ways to gather data and thus provide a comprehensive analysis of Yemen's current economic situation. The report shows that if Yemen attains a lasting peace agreement, there could be a large "peace dividend" for the Yemeni population, a 6 percentage point increase in GDP growth trajectory which would result in a cumulative increase in real GDP by one third over the next five years compared to the status quo. This would be accompanied by a significant growth i...
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