The Kingdom provided USD 500 mn in economic aid to Yemen, including a USD 300 mn deposit in the central bank to stabilize the economy and USD 200 mn to address a USD 1.2 bn budget deficit, Asharq Al Awsat reports.
MEANWHILE- The Saudi Fund for Development (SFD) signed an agreement with Zambia’s Finance Ministry that will see the fund extend a USD 35 mn loan for the King Salman Specialist Hospital in Zambia, bringing the project’s total funding to USD 135 mn, state news agency SPA reports.