[26/August/2008]

SANA'A, Aug. 26 (Saba) - The cabinet studied in its meeting held on Tuesday report raised by finance minister and committee of controlling money laundering over results of Financial Working Group in the Middle East and North Africa and Yemen's efforts in this field.

On this regard, the cabinet approved continuous work of the Supreme Observatory Committee headed by governor of the central bank to follow up carrying out work plan for enhancing measures curing faults and issuing law for combating money laundering as well as ratifying Yemen's joining to the UN treaty against terrorism funding.

The cabinet stressed on concerned authorities deal with money laundering and funding terrorism issues to complete measures and faults the plan on this regard requires.

The cabinet also approved report of financial minister over results of liquidation of the General Corporation for Foreign Trade and Grains and approved dissolving works till 30-6-2008.

MA/MA



Saba