Yemen, UK in talks on economic challenges

SANA'A, June 14 (Saba) - Minister of
Finance Nu'aman al-Suhaybi discussed here on Monday with a joint delegation of UK
Department
for International Development (DFID) and International Finance Corporation (IFC)
issues on the financial and economic challenges Yemen faces.
During the meeting, they discussed the government's efforts to face such challenges
in addition to some issues related to implementation of the technical advisory
program,
carried out by the IFC with financing from the British government, deals with
enhancing the partnership between the government and private sector.
Al-Suhaybi hailed the cooperation between Yemen and IFC, appreciating the IFC's
support to enhance the governmental efforts that aim to implement the national
agenda for
reforms, in particular that are pertaining to enhancing legislative and legal
investment environment.
He confirmed Yemen's welcome to the investments in fields of electricity and
energy, highlighting the government's efforts to tackle the problem of power
shortage.
He made reference to the government's efforts to update the tax system in Yemen,
and to establish a stock market that would assist to stabilize prices.
TD/AF