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Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen »

Source: Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

Volume/Issue: 2007/6

Series: IMF Working Papers

Author(s): Selim Elekdag , Nabil Ben Ltaifa , Todd Schneider , and Saade Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865707

Keywords: inflation, central bank, money demand, Fiscal and Monetary Policy in Development,

Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation...

Collection Lags, Fiscal Revenue and Inflationary Financing

Collection Lags, Fiscal Revenue and Inflationary Financing »

Source: Collection Lags, Fiscal Revenue and Inflationary Financing : Empirical Evidence and Analysis

Volume/Issue: 1991/41

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1991

ISBN: 9781451976373

Keywords: effects of inflation, monetary base, inflation tax, central bank

The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance....

IMF Executive Board Approves US$ 369.8 Million Extended Credit Facility Arrangement for Yemen

IMF Executive Board Approves US$ 369.8 Million Extended Credit Facility Arrangement for Yemen »

Source: Republic of Yemen : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Yemen.

Volume/Issue: 2010/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2010

ISBN: 9781455208784

Keywords: debt, central bank, budget, revenues, deficit

Yemen is confronted with a range of difficult economic challenges. The reduction in oil revenues in the past year has affected the Yemeni economy through a set of direct and indirect channels. The loss of oil reven...

IMF Executive Board Concludes 2004 Article IV Consultation with the Republic of Yemen

IMF Executive Board Concludes 2004 Article IV Consultation with the Republic of Yemen »

Source: Republic of Yemen : Staff Report for the 2004 Article IV Consultation

Volume/Issue: 2005/111

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2005

ISBN: 9781451840803

Keywords: debt, budget, interest, central bank, deficit

This 2004 Article IV Consultation highlights that economic growth in Yemen slowed in 2004 owing to a sharp contraction in the oil sector. Oil production declined by 5.9 percent, reflecting diminishing recovery from...

IMF Executive Board Concludes 2007 Article IV Consultation with the Republic of Yemen

IMF Executive Board Concludes 2007 Article IV Consultation with the Republic of Yemen »

Source: Republic of Yemen : 2007 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen

Volume/Issue: 2007/334

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2007

ISBN: 9781451840810

Keywords: revenues, interest, central bank, debt, article

This 2007 Article IV Consultation highlights that despite recent progress in poverty reduction, Yemen remains far from achieving the Millennium Development Goals. Oil production has been declining since 2000, and i...

IMF Executive Board Concludes 2008 Article IV Consultation with the Republic of Yemen

IMF Executive Board Concludes 2008 Article IV Consultation with the Republic of Yemen »

Source: Republic of Yemen : 2008 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen

Volume/Issue: 2009/100

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 2009

ISBN: 9781451840834

Keywords: debt, central bank, deficit, budget, article

Recent economic performance in Yemen has been mixed. A sharp decline in oil production, coupled with inflexible government expenditure and only marginal improvement in the tax-to-GDP ratio led to an overall fiscal...

Republic of Yemen
			: Staff Report for the 2004 Article IV Consultation

Republic of Yemen : Staff Report for the 2004 Article IV Consultation »

Volume/Issue: 2005/111

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2005

DOI: http://dx.doi.org/10.5089/9781451840803.002

ISBN: 9781451840803

Keywords: debt, budget, interest, central bank, deficit

This 2004 Article IV Consultation highlights that economic growth in Yemen slowed in 2004 owing to a sharp contraction in the oil sector. Oil production declined by 5.9 percent, reflecting diminishing recovery from...

Republic of Yemen
			: 2008 Article IV Consultation:  Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen

Republic of Yemen : 2008 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen »

Volume/Issue: 2009/100

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 2009

DOI: http://dx.doi.org/10.5089/9781451840834.002

ISBN: 9781451840834

Keywords: debt, central bank, deficit, budget, article

Recent economic performance in Yemen has been mixed. A sharp decline in oil production, coupled with inflexible government expenditure and only marginal improvement in the tax-to-GDP ratio led to an overall fiscal...

Republic of Yemen
			: 2007 Article IV Consultation:  Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen

Republic of Yemen : 2007 Article IV Consultation: Staff Report; Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Yemen »

Volume/Issue: 2007/334

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2007

DOI: http://dx.doi.org/10.5089/9781451840810.002

ISBN: 9781451840810

Keywords: revenues, interest, central bank, debt, article

This 2007 Article IV Consultation highlights that despite recent progress in poverty reduction, Yemen remains far from achieving the Millennium Development Goals. Oil production has been declining since 2000, and i...

Republic of Yemen
			: Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Yemen.

Republic of Yemen : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Yemen. »

Volume/Issue: 2010/300

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2010

DOI: http://dx.doi.org/10.5089/9781455208784.002

ISBN: 9781455208784

Keywords: debt, central bank, budget, revenues, deficit

Yemen is confronted with a range of difficult economic challenges. The reduction in oil revenues in the past year has affected the Yemeni economy through a set of direct and indirect channels. The loss of oil reven...