Yemen has descended into a full–fledged military conflict since the end of March 2015. The conflict has exacerbated already challenging economic conditions and a poor humanitarian situation. Official reporting suggests that Yemen’s GDP contracted in 2015 by approximately 28 percent.
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April 13, 2016 — The latest MENA Economic Monitor Report - Spring 2016, expects Yemen’s economic and social prospects in 2016 to depend critically on rapid improvements on the political and security fronts.
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The project will improve the transport connectivity and safety on the targeted section of the transport corridor between Aden and Taiz. It has two components. (1) Highway construction of civil works for the construction of a sub-
Despite a slight uptick in the global economy, the World Bank's MENA Economic Monitor expects GDP growth in the region to remain flat at between 3.1% and 3.3% for 2015 and 2016. For the first time in four