Sana'a - Saba:
A meeting at the Ministry of Economy, Industry and Investment on Monday, focused on the development of a unified classification for economic activities, aligning with international standards.
Representatives from various relevant authorities participated in the discussion, emphasizing the need for broad participation in the classification process.
Participants highlighted the significance of utilizing the classification and establishing a standardized coding system for each entity, consistent with their respective activities. This would facilitate networking between government agencies, streamline procedures, enhance the business environment, and align with global economic practices.
The attendees commended the Ministry of Economy's initiative in developing the unified guide, recognizing its potential to provide a consolidated database and indicators for national accounts, aiding in the measurement of indicators and the development of effective plans and strategies.
The meeting concluded with the approval of arrangements to hold an expanded workshop, bringing together all relevant stakeholders to discuss existing economic activity classification guides and develop a unified classification guide.
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