Yemeni economy able to face world financial crisis' consequences

CAIRO, Feb. 15 (Saba) - Deputy Minister of Finance for Financial and
Administrative Affairs Abdullah 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.