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Planning Minister discusses with IFC's Vice President supporting Yemen's private sector

[25/10/2021 05:38]

WASHINGTON-SABA
Minister of Planning and International Cooperation Wa'id Batheeb discussed Monday with Vice Regional President of International Finance Corporation (IFC) Hela Cheikhrouhou supporting Yemen's private sector.

In the meeting, which is included within World Bank's annual meetings through videoconferencing, Batheeb touched upon providing more support through Private Sector Department, World Agricultural Program and Food Security to explore investment opportunities in agricultural and fishery sectors.

He pointed out to government's aspiration of speeding up release commercial facilitations and boosting the role of the Central Bank of Yemen to protect commercial facilitations to be reflected positively on financial situation and realizing economic and financial stability.

Batheeb confirmed that Yemen, through its strategic location, has many investment opportunities whether through its long coastal line or its mineral wealth.

For her part, Cheikhrouhou confirmed that IFC has plans to encourage investors through providing suitable environment to investment including provision of basic services to help companies grow up.