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

Gov.: The only way to achieve peace, stability in Yemen, region is to end Houthi coup

The Republic of Yemen has affirmed that the only way to achieve peace and stability in Yemen and the region lies in ending the Houthi coup and restoring the state.

Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria

The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.

Austrian central bank expects 0.3 percent growth in 2025

The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.

Leeds United beat Everton in English Premier League

Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.

Last Update: ، 2025/09/16 Time 07:53:00
Latest News:

President al-Alimi calls for collective Arab-Islamic measures to curb expansionist policies in the region

Emergency Arab-Islamic Summit Kicks Off in Doha

Leadership Council Chairman arrives in Doha to participate in Arab-Islamic Summit

Yemen Ambassador Meets Algerian Official to Boost Bilateral Ties

Report: Houthi militias blamed for some 21 thousand violations against Yemen children in 10 years

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.