AMF pledges $200 million loan to Yemen.
The loan is to be used to "support an economic restructuring program which Yemen is to achieve by 2012," the AMF said in a statement.
The program aims to "increase revenues, streamline costs, strengthen financial management, and promote growth in non-oil sectors."
This raises to $808 million the total amount of loans which the Abu Dhabi-based fund has granted Yemen.
Set up by the Arab League, the 22-member fund aims to help its members address major budget and balance of payments imbalances and to stabilize their exchange rates.
Daily NewsEgypt 2009
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