ADEN, Aug 2 (NNN-SABA) – The Yemeni government, yesterday praised Saudi Arabia for providing “generous support” with a 1.2-billion-U.S.-dollar-aid package, aimed at bolstering the Yemeni economy.
The aid is aimed at fortifying the general budget, implementing economic and financial reforms, enhancing service conditions, ensuring food security, and alleviating the citizens’ hardships.
During the signing ceremony, held in the Saudi capital of Riyadh, Yemeni Finance Minister, Salem bin Buraik said, the “generous support” would help strengthen Yemen’s financial and monetary aspects, and reinforce the state’s capacity to address extraordinary challenges.
Saudi Arabia had previously provided deposits totaling four billion U.S. dollars in the Central Bank of Yemen, between 2012 and 2022.– NNN-SABA
