A report by the World Bank shows that the overall performance of investment promotion agencies is in decline, with a significant proportion failing to respond to investor enquiries.
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Overall decline in capacity of global IPAs: World Bank
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Political instability steers investors from Yemen
Pro-democracy protests in Yemen have derailed the progress that the country was making in attracting FDI, with a 50% decrease in the number of foreign businesses obtaining investment licences in the country in 2011. Until the political situation is resolved, it is likely that this downward trend will continue, despite the abundant investment opportunities in the country.
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