Saudi Arabia signs agreement to deposit $2bn in Yemen central bank

UTV | JEDDAH: Saudi Arabia signed an agreement on Thursday to deposit $2 billion into account of Yemen’s central bank, under the instruction of King Salman, the Saudi Press Agency reported.

The agreement was signed by the Kingdom’s Finance Minister Mohammed Al-Jadaan and Yemen’s Central Bank Governor Dr. Mohammed bin Mansour Zammam in Riyadh.

In remarks following the signing ceremony, Al-Jadaan said that this agreement comes in continuation of the Kingdom’s support for the Yemeni people, bringing the total of Saudi deposits at the central bank to $3 billion.

Related posts

National Security Law in Hong Kong, restriction of freedoms and strategy to increase influence

Sri Lanka to balance its international relations between competing countries

Political and economic crisis turns Myanmar into largest narcotics producer