Middle East and Central Asia > Yemen, Republic of

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Mr. Ulrich Baumgartner, Mr. G. G. Johnson, K. Burke Dillon, R. C. Williams, Mr. Peter M Keller, Maria Tyler, Bahram Nowzad, Mr. G. Russell Kincaid, and Mr. Tomás Reichmann

Abstract

The external indebtedness of non-oil developing countries has been of growing concern in recent years. Several factors have brought the debt issue to the forefront of the problems facing a number of countries, including the rapid rise in extenal debt in the recent past, changes in the composition of debt (toward a greater proportion owed to commercial banks) and the attendant deterioration in the terms of debt, and the rise in debt service resulting from these developments.

International Monetary Fund. Secretary's Department

Abstract

The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings