Yemen's central bank expects a USD 3 billion cash injection from Gulf allies Kuwait and the United Arab Emirates, an official said Thursday, as the war-battered country seeks to prop up its sagging economy.
The deposits, if confirmed, would follow a USD 2.2 billion infusion by Saudi Arabia to stem a slide in the Yemeni riyal as the country reels from an economic downturn.
"The central bank governor Mohamed Zemam has spoken of additional deposits worth USD 3 billion after talks with sisterly donor countries," deputy central bank chief Shokeib Hobeishy told reporters in the port city of Aden.
"I believe two (billion) will come from the UAE... and another billion from Kuwait."
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