Saudi Arabia and Yemen have decided to meet at the level of finance ministers to settle Sanaa's debt of at least $230 million to Riyadh, a Yemeni source said Wednesday. The source told AFP that the decision was taken on the sidelines of a meeting of a coordination council, the highest-level joint panel of the two countries.
The finance ministers are to meet, together with the Saudi Development Fund, "to examine the appropriate legal moves to wipe out Yemen's debt," the source said, without giving a date. Yemeni Finance Minister Alawi Saleh Al-Salami, meanwhile, told reporters the debt amounted to between $230 and $245 million, while unofficial estimates in Sanaa put the figure at $600 million. — (AFP, Medina)
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