ISTANBUL, Oct.07 (Saba) - Minister of Planning and International Cooperation Abdul-Karim al-Arhabi discussed in Turkish city, Istanbul ,on Wednesday with Deputy Managing Director of International Monetary Fund (IMF) Takatoshi Kato the cooperation relations between Yemen and the fund and means of developing them.

The meeting reviewed the economic developments witnessed by Yemen during the past period as well as the prospects of economic growth and the possibility of IMF's support to Yemen's efforts to overcome the financial and economic challenges.

For his part, the IMF's official voiced the fund's readiness to offer all aspects of financial and technical support to help Yemen to face the challenges within the new offered programs which the fund presents to the developing countries in light of the global financial crisis' consequences.

On another hand, the minister, al-Arhabi, held talks with Vice President of the International Finance Corporation (IFC) Rashad Kaldany.

The talks dealt with the different investment fields which the corporation can partake in, indicating in this respect to the new investment law draft, currently brought before the parliament to approve it, and the features and facilities offered by the law.

Al-Arhabi praised the level of technical support presented to Yemen by the corporation and its bodies in this side.

The IFC's official expressed the corporation's readiness to present the needful technical support for developing the private sector in Yemen.

BA