Today, Tuesday, Saudi Arabia signed a $1 billion deposit agreement with the Central Bank of Yemen, following the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Saudi Crown Prince Mohammed bin Salman.
And the Saudi Ministry of Finance said in a statement that the entire amount was deposited into an account with the Central Bank of Yemen.
The statement said that this support is a continuation of the Kingdom Government’s commitment and continued support to the brothers in the Republic of Yemen in the areas of development and economy.
The statement expected that this deposit would contribute to strengthening the capacity in the implementation of the economic reform program of the Republic of Yemen, with the participation of the Arab Monetary Fund as a technical body, which will allow it to increase economic stability.
