Yemen, IMF to boost cooperation
The Source: www.sabanews.net - 28/10/2009ã
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Minister of Finance Numan al-Suhaibi held talks on Tuesday with a delegation of the International Monetary Fund (IMF) over cooperation areas between the fund and Yemen, particularly implementation of the IMF article No. 4 on investment. During the meeting, the minister reviewed efforts of the financial, economic and administrative reforms carried out by the Yemeni government as well as the outcomes of those efforts, in addition to the role of the donor countries and organizations for the sake of success of these reforms.He renewed Yemen's concern to implement reforms adopted by the government in its national agenda to improve living standards and reduce poverty through encouraging financial policies for growth and the private sector investment.For their part, the IMF delegation valued efforts exerted by the Yemeni government in order to implement reforms they adopted in the national agenda, affirming readiness of the Fund to continue offering support for executing these reforms. The delegation pointed out to the importance of the Yemeni government to take required procedures in order to reinforce a mechanism for connecting priorities of its policies with development plans as well as reinforcing non-oil resources.
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