Yemen plans US$13.7 billion investment
Yemen plans to launch an investment program worth $13.7 billion. The funds will be directed mainly to the agriculture and tourism sectors during 2008-2010, the London-based al Hayat daily reported on Tuesday.
The newspaper quoted sources at the Yemeni Ministry of Planning and International Cooperation as saying that the government would undertake about 43% of the total program value and about 37% will be provided by the Gulf states and donors.
The government also unveiled plans to restrict the population growth and plans to foster the conditions of women, reduce illiteracy rates as well as encouraging girls to join schools and the private sector to develop schools in the country. Furthermore, the government has vowed to give ultimate priority for establishing good governance in the sectors of judiciary, financial administration, civil service and security.