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Published 1 year ago

Arab Monetary Fund signs $1 bln agreement to support Yemeni government reforms -Saudi state media

Summary by Ground News
The Arab Monetary Fund has signed a $1 billion agreement to support Yemen's economic reform programme to its Saudi-backed government. The new package by the Abu Dhabi-based fund will provide support for the Yemeni government's efforts to stabilise the economy from 2022 to 2025. The war between the Iran-aligned Houthi group and a Saudi-led coalition has brought Yemen's economy to its knees.

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