Yemen's external debt increases slightly in February
The Source: SANA'A\Hadhramaut\Saba - Monday -21/April/2014
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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.
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