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

FILE PHOTO: Workers wait to ferry foodstuff outside an aid distribution center in Sanaa, Yemen September 28, 2022. REUTERS/Khaled Abdullah/File Photo

CAIRO (Reuters) - The Arab Monetary Fund has signed a $1 billion agreement to support Yemen's economic reform programme to its Saudi-backed government, Saudi state media said on Sunday.

The new package by the Abu Dhabi-based fund, which includes countries from the Middle East and North Africa, will provide support for the Yemeni government's efforts to stabilise the economy from 2022 to 2025, Saudi Ekhbaria TV reported.