The UN Security Council (UNSC) members welcomed the announcement of the peaceful transfer of the power of the legitimate Yemeni government by President Abd Rabbuh Mansour Hadi to the Presidential Leadership Council of the Yemeni government. In a press release on Yemen, the UNSC expressed hope that this would constitute an important step towards stability and a comprehensive Yemeni-led political settlement under the auspices of the UN, after the start of the armistice on April 2. The UNSC also welcomed the $3 billion economic support package announced by Saudi Arabia and the UAE, and the Kingdom's additional commitment of $300 million to fund the UN Humanitarian Response Plan, praising as well the GCC's contribution to supporting peace, promoting political dialogue, and addressing the humanitarian crisis in Yemen, vowing the Council's full support for the Legislative Council of the Yemeni government in meeting the urgent humanitarian and economic needs of the Yemeni people.