Saudi deposits USD 1 billion in Yemen Central Bank

Saudi Finance Minister, Dr. Ibrahim Al-Assaf and Yemen Central Bank Governor, Mohammad Awadh Hamam, signed on Tuesday an agreement of depositing USD 1 billion in the Yemeni Central Bank to support the Yemeni economy. The Saudi Minister also signed two other agreements with Yemeni Minister of Planning and international cooperation, Dr. Mohammad Al-Saadi, to contribute to finance establishing a 60 MW wind power generating station electricity in Mocha city and support the government's efforts to combat Measles, worth 5.97 million Saudi Riyals. The agreements were signed on the sidelines of the donor meeting for Yemen that kicked off here today.