Goal Eight: Develop a global partnership for development
Target One: Further develop an open trading
and financial system that is rule-based, non-discriminatory and
includes a commitment to good governance, development and poverty
reduction
Target Two: Deal comprehensively with debt problems through national
and international measures to make debt sustainable in the long
term
Yemen has seen positive results in economic, financial, administrative
and trade reform. However a number of challenges still remain.
These include:
Using foreign aid to finance infrastructure
and services projects in a manner conducive to addressing development
challenges;
Removing risks and restrictions facing the flow of foreign aid
and enhance the capacity of institutions responsible for its management
and utilisation;
Maintaining trade and payment balances at safe levels through
decreasing reliance on oil;
Attracting foreign capital through joint investments; and
Utilising bilateral and multilateral agreements as well as regional
economic blocs to establish freer trade.
Last Modified on 6/07/2009 11:20 am |

Did you know?
The current international trading system is
stacked against developing countries, a situation that severely
hampers development and ongoing attempts to eradicate poverty.
Read more. Trade for Development
Report 2005
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