King Salman orders $200m grant to Central Bank of Yemen

Custodian of the Two Holy Mosques King Salman on Monday ordered the provision of a donation of $200 million to the Central Bank of Yemen to shore up its financial position.

The latest donation will contribute towards alleviating the economic burden of Yemenis and follows a previous $3 billion grant the kingdom provided to the Central Bank of Yemen, state news agency WAM reported.

Saudi Arabia said the funds affirm its continued support of the Yemeni government in its efforts to restore security and stability.

In June, two relief planes were dispatched by the King Salman Humanitarian Aid and Relief Centre carrying food and shelter materials to Aden, Yemen.