Batheeb discuses with IMF supporting private sector

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Batheeb discuses with IMF supporting private sector

[13/04/2021 06:08]

ADEN-SABA
Minister of Planning and International Cooperation Wa'id Batheeb discussed Tuesday with Deputy Head of International Monetary Foundation chances of supporting private sector in Yemen.

Batheeb called upon the foundation to provide more support via private sector's window and World Program for Agriculture and Food Security for finding investment opportunities in field of agriculture and fisheries and speeding up of releasing commercial facilitations that will contribute improve cash situation and economic stability.

He renewed call to IMF and World Bank for working on making a plan on boosting relevant institutions in Yemen to work with partnership between institutions of public and private sector and finding investment opportunities in field of information technology, telecommunication, energy and transport, as well as supporting small and medium companies for providing work opportunities to youth and women.

For his part, the Deputy Head of IMF said that Yemen has investment opportunities and they have plans to support more Yemeni companies and that the foundation has 17 USD million as investment package in Yemen.

He showed the foundation's intention in creating new projects in Yemen and there are specialized teams for studying possible investment opportunities in Yemen.