Chief of International Monetary Fund mission met on Monday the Planning and International Cooperation Mohmmad Alsaadi, revealing that IMF would provide urgent economic support to Yemen.
Alsaadi made clear that security, political stability, improving social services and living standards represent the most remarkable priorities in the agenda of the interim government.
Alsadi who chairs the negotiations between Yemen and IMF said that efforts are being exerted in collaboration with some donor states to prepare a special study to assess the needs of Yemen during the two up-coming years.
He stressed that the government would focus on implementing economic priorities and complete legalizations that adapt to the requirements of investment environment, pointing out that the government would strengthen reforms and human rights in Yemen.
The minister said the government looks forward that the partners of Yemen including IMF would positively contribute in supporting reforms, developments and stability in Yemen, hinting that the support to the public budget and improving the public finance efficiency is among the most mutual required cooperation with IFM.
For his part, chief of IFM mission Dr. Hassan Al-Atrash revealed that efforts are exerted by IFM to develop an economic program that provides immediate support sources for Yemen, emphasizing that IFM is interested in providing all aspects of support to Yemen.
Al-Atrash praised the interim government, indicating that it seriously seeks to overcome difficulties and challenges Yemen faces.
Alsaadi had told media outlets that Yemen's economy needs about $15 billion to recover and become stable.
As Yemen faces a number of critical development challenges, including high unemployment, diminishing oil reserves and depletion of water resource, the lately anti-regime demonstrations worsened the situations.
Statistics indicate that one in three Yemenis are food insecure and under-nourished, and more than 50 percent of children are stunted, the UN Office for the Coordination of Humanitarian Affairs (OCHA) in July report.