Workshop on investment plans, policies [Archives:2004/759/Local News]

August 29 2004

A workshop on appropriate investment methods, policies and plans adopted by social insurance institutions was held Thursday 22nd July in Sana'a, by the SEFM. It was attended by Mr. Christopher Bender, senior financial officer of the SEFM with the participation of six sides relating to social insurance.
The SEFM is based on partnership and cooperation among the Yemeni government, the UK's International Development Ministry, the International Monetary Fund, and the United Nations Development Program. The SEFM attempts to apply reforms recommended by the IMF in seven governmental bodies.
The workshop concentrated on the following:
Defining and classifying investment assets, recognizing markets and who issues shares, identifying illegal investments, informing managers of principles and concepts used for developing investment policies and plans, as well as giving information on managing and investing social insurance funds.