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"A lot of budget reform has already been done but we face some major challenges: high population growth, the scarcity of resources, refugees from the Horn of Africa and the fall in oil production"
Noman al-Suhaibi |
Yemen is the Arabian peninsula’s anomaly. With one of the world’s poorest and quickest-growing populations, it sits uneasily next to booming petrodollar earners such as nearby Saudi Arabia or the United Arab Emirates.
A series of civil conflicts that ended in the mid-1990s, coupled with limited energy resources and weak government control outside the major cities, has left the country years behind development in the rest of the region.
The Yemeni government has, however, recently stepped up its efforts to court international donors and lure foreign investment, a process that was jump-started last November with an aid conference held in London. Of the $4.7 billion raised from donors, around half came from...
