Social Affairs & Labor Minister stresses support for cooperative societies
The Minister of Social Affairs and Labor, Samir Bajjalah, affirmed the commitment to supporting cooperative societies, reviewing the policies and regulations governing their work, and providing a regulatory and encouraging environment that contributes to their growth and sustainability.
In a statement to the Yemeni News Agency (Saba) on the occasion of the International Day of Cooperatives, Minister Bajjalah highlighted the social and economic impact of cooperatives and the importance of encouraging all stakeholders and society to support cooperative growth.
He noted that cooperatives active in agricultural, labor, production, housing, consumer, and credit fields serve as a means to strengthen the community economy.
The minister explained that Yemen, amid current challenges, is in greater need of cooperatives, as experience has proven their ability to provide practical solutions to poverty, unemployment, and the empowerment of local communities.
He called on all partners, including local and international organizations, private sector institutions, and local authorities, to support the cooperative movement as a pillar of the community economy and a practical bridge toward sustainable development.
Bajjalah also commended all workers in Yemeni cooperatives, noting that outstanding cooperatives will be honored during an event organized by the ministry on July 5 to mark the International Day of Cooperatives, under the slogan "Cooperatives... Sustainable Solutions for Nation-Building."
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