Yemen

While Yemen is the poorest country in the Middle East, the presence of oil, gas and mineral deposits signify commercial opportunities in the region.

Oil and gas revenues account for roughly 25% of GDP and 65% of government revenue. Yemen has however tried to diversify its economy through an economic reform program initiated in 2006 that is designed to bolster non-oil sectors of the economy and foreign investment.

In August 2014, the IMF approved a three-year, $570 million Extended Credit Facility for Yemen.

UK Trade & Investment

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