Saudi Ambassador: $ 60 million royal oil grant per month for Yemen's electricity

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Saudi Ambassador: $ 60 million royal oil grant per month for Yemen's electricity

[06/08/2018 09:45]

ADEN-SABA
Saudi Ambassador to our country Mohammed Sa'aeed Al-Jaber said that Custodian of the Two Holly Mosques King Salman bin Abdulaziz, and His Crown Prince, His Royal Highness, Prince Mohammed bin Salman bin Abdulaziz, Deputy Premier, have issued instructions to " grant oil fuels with total cost ($60) million dollar per month to operate electricity power stations in Yemen for 24 hours".

Al-Jaber noted in a series of tweets he posted on his Twitter account that" Oil fuels grant will significantly contribute toward improving economic situation in Yemen and improve the Yemeni Rial exchange rate against hard currencies that will have positive impacts upon the Yemeni peoples living conditions and alleviate the suffering caused by the Iran- allied Houthi militia".