12 Hrs
Source:
الاقتصادية
Saudi Arabia allocates 224M riyals for Yemen budget
The Kingdom of Saudi Arabia has provided a new support package exceeding 224 million Saudi Riyals to aid Yemen's budget, through the Saudi Program for the Development and Reconstruction of Yemen. The aid aims to cover operational expenses and salary payments to ensure financial stability, enhance purchasing power, and stimulate commercial markets, all in support of Yemen’s economic and social development. Saudi Arabia remains Yemen’s leading supporter, having contributed over $12.6 billion since 2012 towards implementing developmental projects that have improved infrastructure, created employment opportunities, and strengthened Yemeni institutions’ capabilities to achieve sustainable and comprehensive development.
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