Arab Today, arab today yemen\s foreign debt steps up to 72bn
Last Updated : GMT 16:55:22
Arab Today, arab today
Arab Today, arab today

Yemen\'s foreign debt steps up to $7.2bn

Arab Today, arab today

Arab Today, arab today Yemen\'s foreign debt steps up to $7.2bn

Sanaa - SABA

Yemen\'s foreign debt has stepped up to over $7.2 billion in January 2013, with an increase of $1.1 billion from January 2012, Central Bank of Yemen (CBY) said Sunday. A report issued by CBY showed that the IFC\'s institutions got the lion\'s share of the debt, with Yemen owing them about $3.5 billion. Yemen\'s debt for the Paris Club Members came second of Yemen creditors by around $1.7 billion, with $1.1 billion in Russian loans. The country\'s debt for other creditors amounted to nearly $1.5 billion, according to the report, which also mentioned a debt of $510 million for unidentified sources.

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