Yemeni Prime Minister, Abdul-Qader Bajamal, predicts the national economy to record an average 3.3 percent growth in 2002, unlike earlier governmental forecasts, which anticipated a 5.2 percent growth in the same year, reported Al-Hayat . The Prime Minister added that the September 11 events in the United States increased the Yemeni budget deficit ratio from 1.9 percent to three percent of the local GDP and the inflation rate from 5.5 percent to seven to nine percent. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
