Yemeni economy able to face world financial crisis' consequences
The Source: www.sabanews.net - 16/2/2009
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Deputy Minister of Finance for Financial and Administrative Affairs
Abdullah al-Makhlafi confirmed on Sunday that the Yemeni economy is
able to face any obstacles resulting from world financial crisis.
In
his speech in the inauguration meeting of the Cairo Asian-Middle East
Dialogue of Experts on the World Financial Crisis, al Makhlafi said
that
Yemen economic merger with the US and European economy is not
deep and what is happening for those economies has not much impact on
the Yemeni economy.
He pointed out that US and European
investment in Yemen is very limited and in return the Yemeni investment
in those countries is almost unavailable.
Al-Makhlafi urged
Arab countries to provide more facilities for Arab and foreign
investment in order to create liquidity in the market and create more
work opportunities.
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