Kingdom’s steadfast support for Yemen’s recovery praised

Kingdom’s steadfast support for Yemen’s recovery praised
Updated 08 September 2012
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Kingdom’s steadfast support for Yemen’s recovery praised

Kingdom’s steadfast support for Yemen’s recovery praised

JEDDAH: Vice Custodian of the Two Holy Mosques Prince Salman yesterday held talks with Yemeni Prime Minister Mohammed Basindawa at his office in Al-Salam Palace on major regional and international issues.
Prince Salman and Basindawa also reviewed bilateral relations and explored ways of strengthening cooperation between the two countries. Basindawa thanked Saudi Arabia for its support to Yemen in all areas. “The Yemeni government and people appreciate this continuous Saudi support,” the prime minister said.
Basindawa, who was in the Kingdom to attend a meeting of global donors in Riyadh, later flew back to Yemen.
The Riyadh meeting mobilized $ 6.4 billion aid for Yemen’s reconstruction.
Finance Minister Ibrahim Al-Assaf signed three agreements with Yemeni International Cooperation Minister Mohammed Al-Saadi detailing Saudi aid package, which includes a $ 1 billion deposit in Yemen’s Central Bank, a $ 1.75 billion grant, and $ 500 million to finance and guarantee Saudi exports to Yemen.

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