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Yemen's external debt increases slightly in February
Monday 21/April/2014

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SANA'A\\Hadhramaut\\Saba

حجم الخط

Yemen's external debt slightly stepped up to $7.237 billion in February 2014, up nearly $4 million from January, the Central Bank of Yemen (CBY) reported on Monday.

The figures of the CBY's report showed that the International Finance Corporation's institutions topped Yemen creditors with around $3.563 billion, including over $2 billion from the International Development Foundation and $710 million from the Arab Fund for Economic and Social Development (AFESD).

Yemen's debt for the Paris Club members amounted to $1.625 billion, of which mostly has been loaned from Russia with $ 1.143 billion.

It was reported that the debt for non-member nations in the Paris Club has reached to $1.533 billion, with $1.341 billion from the Saudi Fund for Development (SDF).

The report stated a debt estimated at $516 million for unknown authorities.