By NNN-SANA
Damascus : General Assemblies of Arab Union Reinsurance Company and Arab Federal Institution for Agricultural Development discussed here on Friday reality of the work in the company and institution and their final budgets for the years 2005 and 2006.
The two Assemblies which were chaired by Finance Minister Mohammed al-Hussein and Secretary General of Libyan People’s Committee for Financial Muhammad Ali al-Howijj reviewed obstacles that face the work in the company and institution and means to overcome them and develop the work mechanism to achieve better results in budgets of the coming years.
Al-Hussein and Howijj emphasized the need to overcome what oppose work of the federal corporations and taking appropriate decisions for keeping the companies situation that contribute to the consolidation of economic cooperation between the two fraternal countries and developing it for the benefit of both sides.
The last meetings of the company and institution’s General Assemblies were held in Damascus during the first half of July of the year 2006.