Yemen Monitor / Exclusive:
Yemeni economic analyst Wafiq Saleh stated that the most prominent indicators of economic stability include maintaining stable overall price levels and reducing the inflation rate to nearly zero.
He explained that the indicators of economic stability also include reducing the unemployment rate to between 3% and 5%, stabilizing the balance of payments, and achieving sustainable economic growth ranging between 5% and 10%.
Saleh emphasized that the government is overlooking the core problems facing Yemen’s economy and instead resorting to easier options. He noted that the recent excessive focus on announcing economic reforms does not necessarily serve the actual indicators of economic stability.
He added that these indicators are the clearest measure of the current government’s performance compared to previous administrations and that the government should focus on addressing the root issues affecting the national economy.
