Yemeni economy able to face world financial crisis' consequences
Monday 16/February/2009
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www.sabanews.net
حجم الخط
al-Makhlafi confirmed on Sunday that the Yemeni economy is
able to face any obstacles resulting from world financial crisis.
In his speech in the inauguration meeting of the Cairo Asian-Middle East Dialogue of Experts on the World Financial Crisis, al Makhlafi said that
Yemen economic merger with the US and European economy is not deep and what is happening for those economies has not much impact on the Yemeni economy.
He pointed out that US and European investment in Yemen is very limited and in return the Yemeni investment in those countries is almost unavailable.
Al-Makhlafi urged Arab countries to provide more facilities for Arab and foreign investment in order to create liquidity in the market and create more work opportunities.
In his speech in the inauguration meeting of the Cairo Asian-Middle East Dialogue of Experts on the World Financial Crisis, al Makhlafi said that
Yemen economic merger with the US and European economy is not deep and what is happening for those economies has not much impact on the Yemeni economy.
He pointed out that US and European investment in Yemen is very limited and in return the Yemeni investment in those countries is almost unavailable.
Al-Makhlafi urged Arab countries to provide more facilities for Arab and foreign investment in order to create liquidity in the market and create more work opportunities.
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