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Last updated: 06:03:16 PM GMT(+03) Monday, 18, June, 2012
 
 

Hadi : Economic Deterioration Blamed for 70% of Yemen Challenges

 
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 Yemen Post Staff

President Abdrabu Mansour Hadi on Monday said the economic deterioration is blamed for about 70% of all challenges faced in Yemen, Saba reported.
The democratic transition, under a West-backed power transfer deal signed in November, is going ahead in a perfect way, but the economy remains the biggest concern, he was quoted as saying at a meeting with a US military delegation led by General James Mattis, Commander of the US Central Command.
"The national economy has been largely affected by successive crises including the last year's one, and the country now is in urgent need for better basic services and remedies to reduce the soaring unemployment rates," he said.
"There are about six million people, mainly young graduates, seeking jobs at a time when the economic situation continues to trigger more concerns about Yemen".
For example, he said, Al-Qaida has been exploiting the economic situation to recruit jobless youths to pose a serious threat to the interest of Yemen, which is working hard 'to stand on its own feet'.
The international community should provide urgent support to Yemen, he said, pointing out "the strides made over the political transition are important and all efforts to lift Yemen out of the current situation require immediate, suitable support".
Hadi briefed the delegation on all steps taken within the implementation of the power transfer deal, assuring the power-sharing government is determined to exert all efforts to lift Yemen out of the current situation, according to Saba.
"The transition deal came in a very critical turning point and has largely alleviated the situation in Yemen, which is gearing up for a comprehensive national dialogue expected in few months to come," Hadi was quoted as saying.
Mattis said the US will continue to provide all support to the Yemeni government, especially to continue the implementation of the power transfer deal and the UN resolutions in this context, according to Saba.
"The international community should provide urgent and suitable support to Yemen at the moment," he was quoted as saying.


Yemen Post Staff
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Source: Yemen Post Newspaper
 
 
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