On July 18-19th 2022, the OECD organised in Amman a seminar on “Improving the regulation of product (non-financial) market activities” with an emphasis on network industries. The workshop was attended by 28 representatives from 7 Yemeni public institutions (Ministries of Finance, Planning, Electricity, Industries, Telecommunications, Transport, and the Executive Bureau). Participants were provided with an overview of network industries characteristics, their regulation and key principles for state ownership; and the challenges and opportunities in supporting economic growth in two specific network industry sectors in Yemen: electricity and telecommunications. The workshop featured a number of breakout sessions and exercises that examined in detail the topics that were presented by the experts. These engagements prompted the participants to identify reform priorities in network industries in Yemen, such as disclosure, transparency and the government role in enhancing competition and increasing investment in these sectors.
The EU-OECD project “Promoting Economic Resilience in Yemen” is financed by the European Union and implemented by the Organisation for Economic Co-operation and Development (OECD). Starting in September 2020 and with a total duration of three years, it aims to strengthen the socio-economic resilience of Yemen in order to create viable conditions for economic growth and private sector development. The project is implemented in partnership with the Yemeni Ministry of Planning and International Cooperation.