YEMEN, IMF DISCUSS MUTUAL COOPERATION

SANA'A Nov.01 (Saba)- Prime Minister Ali Mujawar held talks on
Sunday with the representative of the International Monetary Fund
(IMF) over mutual cooperation between Yemen and the fund in coming
period, especially in field of the financial and administrative
reforms in the country.

They also discussed current policies of Yemen to face the economic
challenges within impacts of the global financial crisis.

They affirmed importance of enhancing cooperation between the two
sides to push reforms process in Yemen ahead in order to overcome
those challenges.

Mujawar highly appreciated assistance presented by the IMF,
reviewing achievements done in the framework of the joint
cooperation with the fund.

He also pointed out to the steps and measures taken by the Yemeni
government to minimize impacts of the international financial crisis
on the national economy.

For his part, the IMF official affirmed concern of the fund to
improve its ties with Yemeni government and offer assistance for the
Yemeni side to face economic challenges.

He valued tends of the Yemeni government to develop non-oil sectors
to support the national economy.

AH