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SANA'A, March 17 (Saba) - Yemen's foreign debt has stepped up to over $7.2 billion in January 2013, with an increase of $1.1 billion from January 2012, Central Bank of Yemen (CBY) said Sunday.

A report issued by CBY showed that the IFC's institutions got the lion's share of the debt, with Yemen owing them about $3.5 billion.

Yemen's debt for the Paris Club Members came second of Yemen creditors by around $1.7 billion, with $1.1 billion in Russian loans.

The country's debt for other creditors amounted to nearly $1.5 billion, according to the report, which also mentioned a debt of $510 million for unidentified sources.

AF

Saba