Saudi Arabia provides Yemeni government with $250 million to support state's budget deficit

Yemen Participates in 2025 Global Refugee Forum Review Meeting in Geneva

Yemen's Permanent Representative to the UN in Geneva, Ambassador Dr. Ali Mujawar, led a delegation to the Global Refugee Forum 2025 review meeting in Geneva, Switzerland, today.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/16 Time 07:35:24
Latest News:

Foreign Minister Meets Outgoing Moroccan Charge d'Affaires

Hodeidah Governor Discusses Healthcare Support with Médecins Sans Frontières (MSF)

Rights Group Documents Over 4,000 Violations in Hadramout, Calls Them "War Crimes"

Hodeidah Governor Discusses Support for Health Sector with Médecins Sans Frontières

Yemen, UK discuss Issues of Common Concern

Saudi Arabia provides Yemeni government with $250 million to support state's budget deficit

[11/02/2024 07:10]

RIYADH - SABA
Kingdom of Saudi Arabia (KSA) announced today, Sunday, about the second payment of the Saudi grant totaling $1.2 billion aimed to support the economic reforms carried out by the Yemeni government.

The second payment is $250 million intended to help the Yemeni government to manage the state's general deficit.

The Saudi Press Agency (SPA) reported that this amount is set to be allocated to support salaries, wages, operational expenses and food security in Yemen.

The KSA announced in August 2023 about an economic support for the Republic of Yemen with total amount 1.2 billion dollars in a response to a request by the Republic of Yemen to help it to cope with deficit of the state general budget, support salaries, wages, operational expenditures and support food security in Yemen.