Yemen's debt to Saudi Arabia reaches 8.7B
A report from the Ministry of Finance in Sana'a revealed that the cost of delayed salaries for state employees due to the ongoing aggression and blockade on Yemen amounted to approximately 10 trillion riyals (equivalent to 18.7 billion US dollars) by the end of 2025. Additionally, 40,000 developmental and service projects have been halted, with an estimated cost of up to 4 trillion riyals (around 7.5 billion dollars). The report also indicated that the public debt has risen to about 8 trillion riyals (15 billion dollars), and that the blockade has caused significant economic losses, including the loss of approximately 1.2 million direct job opportunities, 3 million indirect jobs, and delays in ships reaching ports valued at up to 30 billion dollars. It emphasized that the continuation of the aggression and blockade has severely damaged infrastructure and essential services, leading to increased poverty rates, and stressed the need to lift the blockade and compensate for the damages.
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