Yemen’s Tax Revenue Increases 25% in First Half, SABA Reports

Yemen’s tax revenue increased by 25 percent to 233 billion rials ($1 billion) in the first six months of the year compared with the same period in 2011, the state-run SABA news agency reported, citing Ahmed Ghalib, head of the tax authority.

Revenue declined last year as political unrest led to power outages and fuel shortages, cutting factory output, SABA said.

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