Yemeni approves work plan by the International Monetary
Yemeni Minister of Finance Alawi al-Salami said the economic reform program implemented by Yemen represents the polices of the government and was submitted to and approved by the International Monetary Fund and World Bank.
The minister denied opposition statements regarding the imposition of polices from outside for the government to implement.
The minister also said that the financial defecit has fallen from 45 billion riyals in 1994 to 13.2 billion riyals in 1997 due to the economic reform program.
Moreover al-Salami announced that the government will subject new employment positions to executive centers in different sectors to competition when announced.
