Saudi MoF transfers $200m grant to Yemen Wednesday – Minister

Riyadh – Mubasher: Saudi Arabia’s Ministry of Finance (MoF) on Wednesday has transferred a $200 million grant to the Central Bank of Yemen, minister Mohammed Al-Jadaan said.

This amount and the previous $3 billion deposits are part of the oil-rich kingdom's efforts to support Yemen's economy and enhance its currency value, Al-Jadaan told the Saudi Press Agency (SPA).

On Tuesday, the Saudi King approved depositing $200 million at the Central Bank of Yemen.

Mubasher Contribution Time: 03-Oct-2018 12:59 (GMT)
Mubasher Last Update Time: 03-Oct-2018 13:05 (GMT)