Keep Us Strong WikiLeaks logo

Currently released so far... 97115 / 251,287

Articles

Browse latest releases

Browse by creation date

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
ETRD EAGR ETTC EAID ECON EFIN ECIN EINV ELAB EAIR ENRG EPET EWWT ECPS EIND EMIN ELTN EC ETMIN EUC EZ ET ELECTIONS ENVR EU EUN EG EINT ER ECONOMICS ES EMS ENIV EEB EN ECE ECOSOC EK ENVIRONMENT EFIS EI EWT ENGRD ECPSN EXIM EIAD ERIN ECPC EDEV ENGY ECTRD EPA ESTH ECCT EINVECON ENGR ERTD EUR EAP EWWC ELTD EL EXIMOPIC EXTERNAL ETRDEC ESCAP ECO EGAD ELNT ECONOMIC ENV ETRN EIAR EUMEM ENRGPARMOTRASENVKGHGPGOVECONTSPLEAID EREL ECOM ECONETRDEAGRJA ETCC ETRG ECONOMY EMED ETR ENERG EITC EFINOECD EURM EENG ERA EXPORT ENRD ECONEINVETRDEFINELABETRDKTDBPGOVOPIC EGEN EBRD EVIN ETRAD ECOWAS EFTA ECONETRDBESPAR EGOVSY EPIN EID ECONENRG EDRC ESENV ETT EB ENER ELTNSNAR ECHEVARRIA ETRC EPIT EDUC ESA EFI ENRGY ESCI EE EAIDXMXAXBXFFR EETC ECIP EIAID EIVN EBEXP ESTN EING EGOV ETRA EPETEIND ELAN ETRDGK EAIDRW ETRDEINVECINPGOVCS EPEC ENVI ELN EAG EPCS EPRT EPTED ETRB EUM EAIDS EFIC EFINECONEAIDUNGAGM EAIDAR ESF EIDN ELAM EDU EV EAIDAF ECN EDA EXBS EINTECPS ENRGTRGYETRDBEXPBTIOSZ EPREL EAC EINVEFIN ETA EAGER EINDIR ECA ECLAC ELAP EITI EUCOM ECONEFINETRDPGOVEAGRPTERKTFNKCRMEAID EARG ELDIN EINVKSCA ENNP EFINECONCS EFINTS ECCP ETC EAIRASECCASCID EINN ETRP EAIDNI EFQ ECOQKPKO EGPHUM EBUD ECONEINVEFINPGOVIZ ENERGY ELB EINDETRD EMI ECONEFIN EIB EURN ETRDEINVTINTCS EIN EFIM ETIO ELAINE EMN EATO EWTR EIPR EINVETC ETTD ETDR EIQ ECONCS EPPD ENRGIZ EISL ESPINOSA ELEC EAIG ESLCO EUREM ENTG ERD EINVECONSENVCSJA EEPET EUNCH ECINECONCS ETRO ETRDECONWTOCS ECUN EFND EPECO EAIRECONRP ERGR ETRDPGOV ECPN ENRGMO EPWR EET EAIS EAGRE EDUARDO EAGRRP EAIDPHUMPRELUG EICN ECONQH EVN EGHG ELBR EINF EAIDHO EENV ETEX ERNG ED
KMDR KPAO KPKO KJUS KCRM KGHG KFRD KWMN KDEM KTFN KHIV KGIC KIDE KSCA KNNP KHUM KIPR KSUM KISL KIRF KCOR KRCM KPAL KWBG KN KS KOMC KSEP KFLU KPWR KTIA KSEO KMPI KHLS KICC KSTH KMCA KVPR KPRM KE KU KZ KFLO KSAF KTIP KTEX KBCT KOCI KOLY KOR KAWC KACT KUNR KTDB KSTC KLIG KSKN KNN KCFE KCIP KGHA KHDP KPOW KUNC KDRL KV KPREL KCRS KPOL KRVC KRIM KGIT KWIR KT KIRC KOMO KRFD KUWAIT KG KFIN KSCI KTFIN KFTN KGOV KPRV KSAC KGIV KCRIM KPIR KSOC KBIO KW KGLB KMWN KPO KFSC KSEAO KSTCPL KSI KPRP KREC KFPC KUNH KCSA KMRS KNDP KR KICCPUR KPPAO KCSY KTBT KCIS KNEP KFRDCVISCMGTCASCKOCIASECPHUMSMIGEG KNNB KGCC KINR KPOP KMFO KENV KNAR KVIR KDRG KDMR KFCE KNAO KDEN KGCN KICA KIMMITT KMCC KLFU KMSG KSEC KUM KCUL KMNP KSMT KCOM KOMCSG KSPR KPMI KRAD KIND KCRP KAUST KWAWC KTER KCHG KRDP KPAS KITA KTSC KPAOPREL KWGB KIRP KJUST KMIG KLAB KTFR KSEI KSTT KAPO KSTS KLSO KWNN KPOA KHSA KNPP KPAONZ KBTS KWWW KY KJRE KPAOKMDRKE KCRCM KSCS KWMNCI KESO KWUN KPLS KIIP KEDEM KPAOY KRIF KGICKS KREF KTRD KFRDSOCIRO KTAO KJU KWMNPHUMPRELKPAOZW KEN KO KNEI KEMR KKIV KEAI KWAC KRCIM KWCI KFIU KWIC KCORR KOMS KNNO KPAI KBWG KTTB KTBD KTIALG KILS KFEM KTDM KESS KNUC KPA KOMCCO KCEM KRCS KWBGSY KNPPIS KNNPMNUC KWN KERG KLTN KALM KCCP KSUMPHUM KREL KGH KLIP KTLA KAWK KWMM KVRP KVRC KAID KSLG KDEMK KX KIF KNPR KCFC KFTFN KTFM KPDD KCERS KMOC KDEMAF KMEPI KEMS KDRM KEPREL KBTR KEDU KNP KIRL KNNR KMPT KISLPINR KTPN KA KJUSTH KPIN KDEV KTDD KAKA KFRP KWNM KTSD KINL KJUSKUNR KWWMN KECF KWBC KPRO KVBL KOM KFRDKIRFCVISCMGTKOCIASECPHUMSMIGEG KEDM KFLD KLPM KRGY KNNF KICR KIFR KM KWMNCS KAWS KLAP KPAK KDDG KCGC KID KNSD KMPF KPFO KDP KCMR KRMS KNPT KNNNP KTIAPARM KDTB KNUP KPGOV KNAP KNNC KUK KSRE KREISLER KIVP KQ KTIAEUN KPALAOIS KRM KISLAO KWM KFLOA
PHUM PINR PTER PGOV PREL PREF PL PM PHSA PE PARM PINS PK PUNE PO PALESTINIAN PU PBTS PROP PTBS POL POLI PA PGOVZI POLMIL POLITICAL PARTIES POLM PD POLITICS POLICY PAS PMIL PINT PNAT PV PKO PPOL PERSONS PING PBIO PH PETR PARMS PRES PCON PETERS PRELBR PT PLAB PP PAK PDEM PKPA PSOCI PF PLO PTERM PJUS PSOE PELOSI PROPERTY PGOVPREL PARP PRL PNIR PHUMKPAL PG PREZ PGIC PBOV PAO PKK PROV PHSAK PHUMPREL PROTECTION PGOVBL PSI PRELPK PGOVENRG PUM PRELKPKO PATTY PSOC PRIVATIZATION PRELSP PGOVEAIDUKNOSWGMHUCANLLHFRSPITNZ PMIG PREC PAIGH PROG PSHA PARK PETER POG PHUS PPREL PS PTERPREL PRELPGOV POV PKPO PGOVECON POUS PGOVPRELPHUMPREFSMIGELABEAIDKCRMKWMN PWBG PMAR PREM PAR PNR PRELPGOVEAIDECONEINVBEXPSCULOIIPBTIO PARMIR PGOVGM PHUH PARTM PN PRE PTE PY POLUN PPEL PDOV PGOVSOCI PIRF PGOVPM PBST PRELEVU PGOR PBTSRU PRM PRELKPAOIZ PGVO PERL PGOC PAGR PMIN PHUMR PVIP PPD PGV PRAM PINL PKPAL PTERE PGOF PINO PHAS PODC PRHUM PHUMA PREO PPA PEPFAR PGO PRGOV PAC PRESL PORG PKFK PEPR PRELP PREFA PNG PGOVPHUMKPAO PRELECON PINOCHET PFOR PGOVLO PHUMBA PRELC PREK PHUME PHJM POLINT PGOVPZ PGOVKCRM PGOVE PHALANAGE PARTY PECON PEACE PROCESS PLN PRELSW PAHO PEDRO PRELA PASS PPAO PGPV PNUM PCUL PGGV PSA PGOVSMIGKCRMKWMNPHUMCVISKFRDCA PGIV PRFE POGOV PEL PBT PAMQ PINF PSEPC POSTS PHUMPGOV PVOV PHSAPREL PROLIFERATION PENA PRELTBIOBA PIN PRELL PGOVPTER PHAM PHYTRP PTEL PTERPGOV PHARM PROTESTS PRELAF PKBL PRELKPAO PKNP PARMP PHUML PFOV PERM PUOS PRELGOV PHUMPTER PARAGRAPH PERURENA PBTSEWWT PCI PETROL PINSO PINSCE PQL PEREZ PBS

Browse by classification

Community resources

courage is contagious

Viewing cable 03SANAA595, YEMEN'S ECONOMY AS SEEN BY WORLD BANK ECONOMISTS

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #03SANAA595.
Reference ID Created Released Classification Origin
03SANAA595 2003-03-25 11:47 2011-08-24 01:00 UNCLASSIFIED Embassy Sanaa
This record is a partial extract of the original cable. The full text of the original cable is not available.
UNCLAS SECTION 01 OF 02 SANAA 000595 
 
SIPDIS 
 
E.O. 12958: N/A 
TAGS: ECON PGOV EAID PINR YM WTRO ECON COM
SUBJECT: YEMEN'S ECONOMY AS SEEN BY WORLD BANK ECONOMISTS 
 
1. Sensitive But Unclassified, please protect. 
 
 2. (SBU) Summary: Two World Bank economists in Sanaa are 
complimentary about the ROYG's fiscal policy and commitment 
to reforms. In a March 17 discussion with Emboffs, the bank 
economists gave positive assessments of Yemeni fiscal 
discipline, currency management and WTO prospects. End 
Summary. 
 
------------- 
Fiscal Policy 
------------- 
 
3. (SBU) World Bank Senior Economist for Yemen Nadir A. 
Mohammed (please protect throughout) and Economist Mohammed 
Al-Sabbry both have positive forecasts for the Yemeni economy 
despite Yemen's per capita income of $460 USG, literacy rates 
of 56 %, and prospects for oil revenues dwindling in the next 
five years.  Nadir said that while they have a huge 
challenge, the Yemenis are on the right track.  Citing five 
billion dollars in foreign reserves, he said the ROYG 
compared favorably to other countries that have spent their 
recently increased oil revenue less wisely. (Note: Yemen 
Central Bank Figures for February report 4.75 Billion USG in 
Reserves. End Note.) Mohammed said that he was impressed with 
the frankness and openness of his Yemeni contacts, and felt 
that the ROYG's fiscal policy was sound.  He said that the 
ROYG appears to have learned lessons from 1991 (the first 
Gulf War), and 1994 (the abortive rebellion in the South). 
 
-------- 
Currency 
-------- 
 
4. (U) Nadir also praised the ROYG Central Bank for holding 
firm on its decision to float the riyal.  Nadir's point was 
confirmed when on March 19 Pol/Econoff visited Omar S. 
Bazara, the Payment Systems Director of the Yemeni Central 
Bank. He reported that the Central Bank was selling dollars 
to keep the riyal from slipping further on the dollar as a 
result of worries about an attack on Iraq. For the last 
month, the riyal had held firm at 182 riyals to the USG 
dollar, but yesterday the rate had increased to 183 Yemeni 
riyals to the dollar. One of our FSNs reported that same day 
that the black market rate had risen to 186 riyals to the 
dollar. 
 
--------------------------------------------- -- 
Yemen's Bid to Join the World Trade Organization 
--------------------------------------------- -- 
 
5. (U) Mohammed was optimistic on the ROYG's prospects for a 
faster than average accession to the World Trade 
Organization. He estimated that it could take four to five 
years, less than the average seven to eight years, because 
Yemen's neighbors and others are unlikely to press strong 
objections to Yemen's candidacy. (Background: In October 
2002, Yemen submitted its Memorandum on Foreign Trade Regime 
to the World Trade Organization. End Background.) 
 
-------------- 
Fishing Rights 
-------------- 
 
6. (U) Mohammed Al-Sabbry said that the Bank was closely 
following USG efforts to improve the capacity of the Yemeni 
Coast Guard and Navy because the illegal harvesting of fish 
has adversely affected the Yemeni fishing industry. 
Specifically, Chinese fishermen take their boats to the Red 
Sea to harvest and process their fish.  According to Nadir 
Mohammed, the Chinese obtain licenses for a lower amount of 
fish, then through bribery of unnamed Yemeni officials, 
vastly exceed their allotment. Fishermen from Egypt, Eritrea 
and Ethiopia also have been over-fishing in Yemeni 
territorial waters.  Al-Sabbry said that Bank experts are 
worried that if Yemen promotes fish exports too heavily, the 
waters might be over fished, damaging a potentially lucrative 
resource for the ROYG. Thus, any effort to improve the 
ability of the ROYG to protect their fishing rights will have 
a direct impact on the local economy. 
 
 
------------------------------- 
Boycott on US/Israeli Products 
------------------------------- 
 
7. (U) Pol/Econ Chief noticed a sticker pasted onto the front 
door of the Jordanian owned restaurant calling for a boycott 
of American and Israeli products. He wondered aloud in the 
owner's presence why the sticker was so prominently 
displayed.  After the meal, Pol/Econ chief noticed that the 
sign had been removed. However, other contacts report mixed 
results for the boycott of US and Israeli goods. The local 
Pepsi distributor told one of our FSNs that he had seen only 
a 10% decline in business in 2002, noting that this decrease 
was much less than Pepsi had felt in other countries. A 
colleague at the British Embassy related a story about taking 
a delegation of nine British security officials to do some 
shopping at a store where a boycott sign was displayed. The 
team made the removal of the sign a condition of doing 
business with the store, but the owner refused to comply and 
the team went elsewhere. 
 
-------- 
Bio Note 
-------- 
 
8. (SBU) Nadir Mohammed said that he was born in the Sudan, 
and received his doctorate in Economics from Cambridge 
University where he also completed his post doctoral studies 
and did some teaching. He has worked at the Islamic 
Development Bank in Washington, and has held jobs with the 
World Bank in Morocco, Ethiopia and Egypt. He expects to 
leave Yemen in the coming year and said he would like an 
assignment in Southeast Asia. 
HULL