South Arabia

While Meeting with Governor of the Central Bank… Major General Al-Bahsani Appreciates Continued Saudi support

SMA NEWS – ADEN THE CAPITAL
Major General Faraj Salmeen Al-Bahsani, Vice President of the Southern Transitional Council (STC) and Vice-Chairman of the Presidential Leadership Council (PLC), highly appreciated the generous support of the Kingdom of Saudi Arabia through the approval of a grant worth 1.2 billion dollars.

During the meeting, which took place on Wednesday, in the capital, Aden, with the governor of the Central Bank, Dr. Ahmed Ghaleb Al-Mabaqi, the vice president of the STC indicated that this grant, which will definitely contribute to supporting salaries, wages, and operating expenses, comes as an extension of the continued generous support provided by the coalition countries led by the Kingdom of Saudi Arabia and the United Arab Emirates.

In the meeting, the Governor of the Central Bank reviewed the economic performance activities, the monetary policies implemented by the Central Bank, and the available means for executing economic reforms through joint cooperation between state bodies and local authorities in the governorates to enhance the level of resources and search for new resources to achieve monetary and financial stability.

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