Second installment of Saudi grant worth $250 mln to be deposited in Yemen budget soon - cenbank governor


Reuters | Dubai | Updated: 11-02-2024 13:09 IST | Created: 11-02-2024 13:09 IST
Second installment of Saudi grant worth $250 mln to be deposited in Yemen budget soon - cenbank governor
  • Country:
  • United Arab Emirates

The second installment of a Saudi one-year grant, worth $250 million, will be deposited into the Yemeni budget on Sunday or Monday to support salary payments, Yemen central bank governor Ahmed bin Ahmed Ghaleb Al-Maabqi told Reuters on Sunday.

The remaining $500 million of that one-year Saudi grant that started in August remains to be transferred, the governor of the Aden-based central bank said on the sidelines of the OECD's World Government Summit in Dubai.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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