Yemen privatizes 61 state enterprises

Published December 31st, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Yemeni government will attempt to accelerate its second five-year privatization scheme for economic and social development, reported Al-Sharq Al-Awsat. The program was interrupted due to a delay in the passing of a privatization law. 61 local enterprises will be privatized after they undergo an asset evaluation by a specialized consulting firm. Analysts expect the privatization scheme to boost the economy. — (menareport.com)

© 2001 Mena Report (www.menareport.com)