Government-by-Government Assessments: Yemen
During the review period, the government did not pass a budget, and did not produce an executive budget proposal, end-of-year report, or publish its enacted budget within a reasonable period of time. The government published limited information on debt obligations. It did not publish state-owned enterprise debt, in part because the majority of state-owned enterprises are located in Sana’a, which is outside central government territorial control. The supreme audit institution meets international standards of independence; however, it did not conduct an audit of the government’s executed budget. The criteria and procedures by which the government awards natural resource contracts or licenses were specified in law only in terms of general principles, and there were reports of inconsistent application of relevant regulations. Basic information on natural resource extraction awards was publicly available. Yemen’s fiscal transparency would be improved by:
- passing a budget and making budget documents available to the public within a reasonable period of time;
- publishing substantially complete information on debt obligations, including for state-owned enterprises;
- ensuring budget documents are substantially complete and reliable;
- producing and publishing audit reports of the government’s executed budget within a reasonable period of time;
- clarifying laws and regulations for awarding contracts and licenses for natural resource extraction; and
- ensuring such laws and regulations are followed in practice.