RIYADH: Saudi Arabia made a $1 billion deposit in Yemen’s central bank on Tuesday, Saudi Press Agency reported.
The support comes as an extension of the Kingdom’s keenness to support development in Yemen and its economy.
The deposit will contribute to strengthening capacities in the field of implementing Yemen’s economic reform program with the Arab Monetary Fund as a technical body, SPA said.
The reform program aims to develop a clear road map and vision that takes care of the Yemeni people and addresses their needs, in addition to strengthening efforts to build reserves at the Central Bank of Yemen to enable it to enhance economic stability.
