47. Do political parties have to report regularly on their finances?
Yemen
Answer
Yes
Source
Political Party Law NO. 66 (1991), Article 24:
"The funds of the party or political organization may not be dispensed except
towards its objectives and according to the procedures stipulated in its by-laws. The party or
political organization is required to deposit its funds in local banks and to keep books in
accordance with proper accounting principles showing the revenues and expenditures. The
party or political organization must submit its annual report including the final accounts to the
proper authorities."
