The Project’s aim is to facilitate private sector-led economic growth by supporting tax reforms designed to lower the corporate income tax rate in parallel with removing arbitrary exemptions that currently result in a low effective rate. It will also support implementation of a new procurement law, to strengthen transparency and effectiveness of public procurement. The IRDPG will, among other actions, strengthen oil sector transparency by supporting Yemen’s accession to the Extractive Industries Transparency Initiative (EITI). The Request concerned the availability of documents in Arabic, adequacy of consultations and potential impacts from the reform program.
Policies and Procedures raised in Request: - Development policy lending (OP 8.60) - Development policy lending (BP 8.60) - World Bank policy on disclosure of information dated June 2002
Note on translation: Translations of Inspection Panel and Management documents are unofficial and are provided as a service to interested parties. Every effort has been made to ensure accuracy. If any part of the translation in Arabic is inconsistent with the original text in English, the later shall govern.
ترجمة وثائق هيئة التفتيش و جهاز الإدارة غير رسمية. يتم توفيرها كخدمة للأطراف المعنية. كل الجهود قد بذلت لضمان الدقة. إذا كان أي جزء من الترجمة إلى اللغة العربية لا يتفق مع النص لأصلي باللغة الانجليزية ، فإن هذا الاخير هو الذي يحكم