Wednesday, February 22, 2023
Saudi Arabia deposits a billion dollars in a deposit in Central Bank of Yemen
In implementation of the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Crown Prince, Saudi Arabia signed a deposit agreement with the Central Bank of Yemen in the amount of one billion dollars ($1,000,000,000). Trending : Saudi Founding Day 2023 offers
The amount has been fully deposited into the bank account of Yemen. This assistance is a continuation of the Saudi government's eagerness and ongoing commitment to aiding the brothers in Yemen in terms of economic growth.
- This help also serves as Saudi Arabia's affirmation of its long-standing relationship with the Yemeni government and people as well as its assistance in performing its obligations in order to restore the security and stability of brotherly Yemen. See Also : Details behind the 5 symbols behind the Saudi Foundation Day logo
- With the Arab Monetary Fund serving as a technical body, it is hoped that this deposit will boost Yemen's ability to implement its economic reform program.
- The initiative intends to strengthen efforts to create reserves at the Central Bank of Yemen in order to enable it to enhance economic stability, as well as to develop a clear road map and a vision that puts the Yemeni people first and attends to their needs. Most Viewed : 15 minutes enough to cross King Fahd Causeway towards Bahrain
