Saudi Arabia signed on Tuesday a deposit agreement with the Central Bank of Yemen in the amount of one billion dollars, in implementation of the directives of the Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz Al Saud and the Saudi Crown Prince Muhammad bin Salman.
The Saudi Ministry of Finance stated, in a statement, that the entire amount was deposited in the account of the Central Bank of Yemen.
This support comes as an extension of the Kingdom’s government’s keenness and continuous support in supporting the brothers in the Republic of Yemen developmentally and economically.
The statement expected that this deposit would contribute to strengthening capabilities in the field of implementing the economic reform program of the Republic of Yemen with the Arab Monetary Fund as a technical body and enable it to enhance economic stability.
