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Asharq Al-Awsat
Asharq Al-Awsat
World
Aden - Mohammed Nasser

World Bank: Peace Deal in Yemen Would Push Toward Sustainable Growth

Yemen World Bank IRG Economy Oil Deficit GDP International Monetary Fund
A man walks down a pedestrian bridge in the Yemeni capital, Sanaa, which is controlled by the Houthis. (AFP)

The World Bank has revealed that in case a lasting truce or peace arises, the Yemeni economy could register more sustainable growth within months of the agreement.

“Even assuming oil exports resumption in H2-2023 at H1-2022 levels, we project real economic activity to contract by 0.5 percentage points during 2023,” the World Bank revealed in a recent economic report about Yemen.

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