Sana'a – Saba:
During its regular meeting today the Council of Ministers, under the chairmanship of Ahmed Ghaleb Al-Rahwi, approved the new draft of investment law and referred it to the House of Representatives to complete the constitutional procedures.
The law includes new incentives and guarantees to encourage investment, and regulate the work of the General Investment Authority, to create an attractive environment that enhances the national economy, supports local production, and localizes national industries.
The Council praised the efforts of the Ministries of Economy and Industry and the concerned authorities in preparing the project, stressing that it opens wide horizons for investors, especially in the infrastructure and renewable energy sectors.
In another context, the Minister of Health reviewed the efforts exerted to combat epidemics and improve surveillance and prevention mechanisms, pointing to the focus on addressing the causes of the spread of infectious diseases.
The Council also extended its congratulations to the Leader of the Revolution and the Supreme Political Council on the occasion of the 57th anniversary of independence, stressing the continuation of the struggle against the US-Saudi-UAE occupation in the south and the Yemeni islands, stressing the unity of efforts to expel the occupiers and restore sovereignty.
The Council concluded by praising the sacrifices of the martyrs who gave their lives for freedom and independence, stressing that the will of the Yemeni people will remain firm in the face of aggression.
