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FINANCIAL NEWS
Yemen’s fiscal deficit to go up 21%, y/y
25 Dec 2012
(MENAFN) Yemen’s cabinet will face tough decision next week, as they are supposed to approve a fiscal budget that reflects a 21 percent year-on-year increase, reported Arabian Business.
The government has provided a budget that sets forecasted revenues at of USD44.4 million, while expenditures stand at USD9.6 million.
It is worth mentioning that Yemen is still suffering from the aftermath of the political turmoil that ended in the stepping down of President Ali Abdullah Saleh. Although Yemen has received millions of international aid packages, the country is still struggling financially.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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