Saudi Arabia allocates over 224 million riyals to Yemen
The Kingdom of Saudi Arabia has provided a new financial grant of over 224 million riyals to support the Yemeni budget through the Saudi Program for the Development and Reconstruction of Yemen. The aim is to finance operating expenses and salaries, and to strengthen the stability of the Yemeni economy. This support is part of the Kingdom's ongoing response, which has exceeded $12.6 billion since 2012, to aid Yemeni institutions and achieve sustainable development through the implementation of 300 projects and initiatives across vital sectors. The goals include improving infrastructure, increasing employment opportunities, and enhancing financial efficiency. This assistance contributes to improving purchasing power, stabilizing income, and achieving comprehensive and sustainable development in Yemen.
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