Yemen, IMF discuss cooperation directions
The Source: sana'a/hadhramaut.info/sabanews.net - 03/03/2010
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Yemen and the International Monetary Fund (IMF) discussed here on Wednesday issues relating to the directions of cooperation between Yemen and the Fund in 2010 This came during a meeting gathered here the Minister of Planning and International Cooperation Abdul Karim al-Arhabi and the IMF's mission led by Hassan al-Atrash .
In the meeting, al-Arhabi affirmed the Yemeni government's keenness to continue to implement reforms aiming at developing the performance and efficiency of the financial administration in Yemen.He pointed out that that it is important that the IFM plays a more effective role in supporting the Yemen government to address the budget deficit.The IMF's mission noted to the economic reforms has been carried out in Yemen during the past years, which contributed to control the rates of inflation and budget deficit despite the declining of oil prices and production and the effects of the global financial crisis.
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