Draft law to establish fund for lending to poor discussed

SANA'A, April 05 (Saba) - The Parliament discussed on Monday the opinion of the Committee on Constitutional and Legal Affairs on a draft law of establishing an investment fund for lending to poor families, sponsored by the parliamentarian Mohamed al-Hazmi.

The draft law aims to adopt intensive programs to reach the poor and stimulate the
economic growth and create a small investment and industrial base, which will form
a strong
tributary to the national economy. And this will help the government to overcome the
poverty and unemployment and provide stable financial resources to support the small
enterprises of the poor families.
In light of the discussion, the parliament approved referring the draft law to the
relevant committee for consideration and to submit a report including the results
that
it will reach.
BA