Cabinet approves 2nd continuous loan agreement
The Source: SANA'A/hadharamaut.info/sabanews.net - 04/01/2011
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The cabinet approved on Tuesday the second continuous loan agreement signed with Arab Monetary Fund (AMF) on 26 December 2010.
Under the agreement, the AMF lends Yemen $200 million to support economic reform program for 2011 – 2012.The cabinet directed Minister of Finance and Governor of the Central
Bank of Yemen to coordinate with Minister of Legal Affairs and Minister of State for Parliamentary and Shura Council Affairs to submit the agreement to the Parliament to finalize the constitutional procedures.
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