General Manager's Speech

Publish Date 2023-03-03 16:50:58

Driven by ambition, national values and principles, I have worked since the first day I assumed the responsibility of managing the institution
The Yemeni economy is to rebuild that war-damaged institution and develop its system by establishing a model
A modern and sustainable business that aims to achieve the vision of the Yemeni Economic Corporation, which is to achieve economic growth
Sustainable, inclusive and resilient, driven by investment, financing and innovation leading to an expansion of the GDP
And strengthening financial conditions, which in turn contributes to reducing the public budget deficit and reducing the current account deficit
Supporting the local currency by enhancing local production, increasing exports and reducing the volume of imports
Reducing it is the cornerstone of the success of the monetary policy adopted in Yemen, represented by the floating exchange rate. that growth
The economy, which also contributes to promoting sustainable economic development and increasing per capita GDP
The total and promotes prosperity and the reduction of poverty, food insecurity and inequality, with the keenness of the vision of the institution
Yemeni economy, provided that economic growth goes hand in hand with strategies that address challenges
related to climate change and environmental protection.
In order to achieve the vision of the Yemeni Economic Corporation, we focused on the main issues that should be focused on
To create the necessary conditions to achieve that future vision. Although we are fully aware of how difficult it is
The problems that the Yemeni macro-economy suffers from, but we realize at the same time that they are not problems that are not
It can be overcome through economic policies, institutional development and economic development strategies
Comprehensive, aimed at achieving sustainable economic development and arranged according to the priorities necessary for the transition from
From one economic stage to the next, Yemen can overcome these economic problems. Accordingly, so
Our current goal is to continue the institutional development and design and implementation of those policies and strategies for
Achieving the mission of the Yemeni economic institution, which is to achieve sustainable economic development and promote
Local production, in a phased manner according to the priorities aimed at rebuilding the Yemeni economy and unleashing
Yemen's real economic potential. It is an issue that should not be dealt with only casually
Or with a little inclusivity and specificity so that we can rebuild Yemen's war-torn economy, which
In turn, it contributes to consolidating peace and security and achieving sustainable social and economic development in Yemen.
Thus, the Yemeni economic institution is currently seeking to achieve the goals according to the order of priorities through
Implementation of a set of programs and plans, including, but not limited to, the provision of basic food commodities
high quality and sold to citizens at reduced prices to contribute to curbing inflation and reducing food insecurity
Ensuring that citizens obtain their right to obtain safe, high-quality food at reasonable prices. In addition
The group of programs and plans aims to develop partnerships and international trade relations between Yemen and other countries
the world in a way that contributes to achieving economic integration, as international cooperation represents an opportunity to work together through
An agenda based on mutual benefits. The Corporation also works to create an attractive investment environment for foreign investment
Direct through the implementation of reforms that enhance the attractiveness of investment and its contribution to economic development and promotion
productive structures. In addition, we are working on coordination between the Yemeni Economic Corporation and international bodies
To coordinate and unify efforts and direct them towards achieving sustainable economic development. As set plans are intended
The current programs also aim to create the appropriate conditions for the development of partnership between the public sector and the private sector and work
To restore and rebuild the infrastructure and facilities necessary to drive productivity and invest in capital
tangible as well as investment in intangible capital such as research and development. In addition to investing in
Human capital by improving the quality of labor through training and qualification in order to increase productivity
Along with enhancing administrative and technological efficiency that leads to increased production with the same amount of employment
and capital. In addition, the Yemeni Economic Corporation seeks to implement a set of high-level programmes
Synergy aimed at enhancing local agricultural production and achieving integration between the agricultural sector and the industrial sector
To contribute to reducing excessive dependence on foreign markets, raising the value of the local currency, and increasing the availability of food
Enhancing food security, improving farmers' livelihoods, and creating job opportunities for the poorest. Well aim
The set of current programs and plans to operate the grain mills and silos of the Yemeni Economic Corporation
Which is considered one of the national projects to provide food and maintain the strategic stock of wheat and flour.
In addition, the current set of programs and plans also aims to contribute to enhancing the sector's performance
Yemeni health and improving medical services provided to citizens and benefiting from the positive impact of the positive relationship
between the level of performance of the health sector and economic growth.