RIYADH, Nov. 15 (Xinhua) -- A quartet meeting held in Saudi capital Riyadh urged the international community to provide Yemen more financial support, Saudi Press Agency reported on Thursday.
Officials from Saudi Arabia, the United Arab Emirates (UAE), the United States and Britain have met to discuss the economic and humanitarian situation in Yemen.
Senior officials from the four countries gathered to identify key actions to address issues in Yemen, and said that despite the realized support, Yemen's economic situation and currency riyal remain fragile, which need more financial support.
The statement highlighted that some steps have been taken to help Yemen's economy, including an initial deposit of 2 billion U.S. dollars into the Central Bank of Yemen, 200 million dollars granted to the government of Yemen, and monthly donation of 60 million dollars in fuel derivatives for municipal power generation.
The four sides agreed to establish an advisory committee to meet monthly for further measures to stabilize the currency, strengthen the regulation of foreign currency flows, and support the Yemeni government's efforts to improve its economic management.
The officials also decided to support the establishment of an international trade facility under the supervision of the Central Bank of Yemen, and help the Yemeni government to implement overall economic reform, including payment of civil servant salaries.
Moreover, the officials reaffirmed the role of economic development in alleviating the humanitarian situation, stressing the critical importance of humanitarian and commercial access, as well as the protection of civilians and infrastructure.
