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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Saudi Arabia Extends 2018 Deposit at Yemen Central Bank, Pays Final Installment

Yemen Saudi Arabia Aden
A view of the coastal area of Aden, Yemen September 4, 2018. Picture taken September 4, 2018. (Reuters)

Saudi Arabia on Monday extended a deposit it gave the central bank of Yemen's legitimate government in 2018, and agreed to pay the final installment of the promised $2 billion, the central bank and Saudi ambassador to Yemen said.

The Saudi finance ministry said the 2018 deposit duration would be extended and this would support Yemen's currency and economic situation.

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