Economic Fall Causing
Yemenis to Get Married in their 30’s
the current pressing economic situation, male youth prefer to delay their
marriage plans, as many of them get married at their early 30’s. Other youth
prefer to give up the idea of marriage as they think that marriage will make
them carry a burden which is too heavy.
Yemen Loses $500
Million in Compensations to Foreign Companies
Yemen has paid $500 million in compensation for foreign companies as these
companies won the cases raised against the Yemeni government after the latter
abolished effective agreements with them. Most of these agreements were signed
under personal interests or big sums of commissions.
Economic Growth Declines, Says Report
In his report submitted recently to parliament, Prime Minister Ali
Mujawar assured that subsidies of oil and its derivatives take up two
thirds of state budget while poor citizens' benefit from its derivatives
do not exceed 22 percent.
Yemenization of Workforce
During his electoral campaign in 2006, President Saleh announced
yemenization of jobs in oil and gas companies working in Yemen. He also
pointed out that the targeted percentage is 90 percent as it was part of
his electoral platform.
Vendors Subjected to Violations and Harassment
For ten years, the situation of street vendors whose numbers are
increasing due to poverty and unemployment has not changed. Their rights
are subjected to violations, blackmailing and confiscation by
municipality and public works officials in all Yemeni cities and
Economy: Yemeni Youth See Better Future Abroad
According to the last census conducted in 2005, Yemen is
a country privileged by its young population wherein over 70 percent are
of the age group 15– 45. However, this bliss turns to be a curse
especially with a deteriorating economic situation coupled with higher
rates of unemployment and school drop-outs.
Faces Hard Economic Situation in 2008
Several economic experts assure that Yemen will faces big economic
challenges in 2008, hinting that government should exert utmost efforts
to upgrade the economy and bring more investments.
is beyond poor people's reach
The rising price of bread is the strongest blow to Yemeni citizens
already struggling with a parallel rise in daily meals' costs, prompted
by looming price of wheat, rice and gas cylinders.
Drop in Tomato Prices:
Agriculture takes up an important place in Yemen's economy and 70
percent of Yemenis work in this sector which secures jobs and income for
the unemployed people.
International Qualification in Accounting, Management and Financial Analysis: A
Resource for National Economy
World countries including the republic of Yemen are heading towards
joining the international trade organization, to open doors for
international economy, offering a variety of facilities to attract
capitals, multinational corporations and international organizations.
Which caused a heavy demand on international experts who are
internationally certified in accounting, financial analysis, account
auditing and revision and project management which enables them to join
a membership or fellowship in specialized international professional
institutes or associations.