Years of conflict have deepened the Yemeni economy’s longstanding reliance on cash. The country’s underdeveloped formal banking and financial infrastructure hinders credit intermediation, and most economic activity is conducted on a cash basis, from day-to-day purchases to large-scale transactions. As in other cash-based economies, liquidity constraints and immediate consumption needs hinder long-term investment and economic development, exacerbating...
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INFORMATION
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2024/04/05
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Rapport
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194269
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1
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2024/10/23
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Disclosed
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Yemen Financial Sector Diagnostics
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