The Saudi-backed government, based in Aden, has grappled with a weak currency.
Riyadh:
Saudi Arabia is giving Yemen’s presidential council $1.2 billion to help the country’s struggling economy, a Saudi source told Reuters on Tuesday.
Fighting has largely stopped with the Iran-aligned Houthis in north Yemen over the last year but the Saudi-backed government, based in Aden, has grappled with a weak currency and high prices.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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