President al-Alimi Hails Creating Multinational Naval Alliance, Highlights Saudi Support for Yemeni State Institutions, Regional Security, Stability
His Excellency Dr. Rashad Mohammed Al-Alimi, Chairman of the Presidential Leadership Council (PLC) underlined the announcement of the establishment of the Multinational Naval Defense Alliance led by Saudi Arabia, describing this move as a strategic initiative and a very important step to boost collective security, protect international navigation and secure vital sea routes in the Red Sea, the Gulf of Aden, and the Bab al-Mandab Strait.
Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza
Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.
Korea's Travel Account Posts Surplus for 3rd Month in Row
South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
User Name: Password:
President al-Alimi commends new Saudi support for state budget, Central Bank
[27/12/2024 08:31]

ADEN - SABA
Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi has praised the new financial support from the brothers in the Kingdom of Saudi Arabia for the state budget and the Central Bank of Yemen.

The President expressed, on behalf of himself, his fellow council members, the government and the Yemeni people, profound gratitude and appreciation to the brothers in the Kingdom of Saudi Arabia—its leadership, government and people—for their continuous support for the national economy through a new deposit for the Central Bank of Yemen amounting to $300 million, along with an additional payment of $200 million from the generous grant for the general budget.

This will help address the budget deficit and fulfill obligations for salaries, wages and operational expenses of state institutions.

In a post on X platform, President al-Alimi indicated that this support represents a strong commitment from the brothers in the Kingdom, led by his brother, the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince and Prime Minister His Royal Highness Prince Mohammed bin Salman, to alleviate the humanitarian crisis and support the aspirations of the Yemeni people for stability, peace and development.

He also expressed his gratitude to the brotherly team handling the Yemeni file, chaired by His Royal Highness Prince Khalid bin Salman and the Saudi development and humanitarian institutions that work diligently and sincerely to alleviate suffering, rebuild services and enhance food security for all Yemeni people.


President al-Alim Receives Credentials of Several New Ambassadors
Governor of Saada Swears-in Before President al-Alimi
President Swears In Yemen's New Ambassador to Saudi Arabia
Minister of Foreign Affairs and Expatriates Swears-in Before President al-Alimi
Republican Decree About Limited Cabinet Reshuffle in Dr. Shaya Zindani's Government
President al-Alimi: Houthi Militias-Controlled Regions Turned into Worst Place to Live on Earth
President al-Alimi: Red Sea Security Shared Yemeni and International Responsibility
President al-Alim Calls for Wide-Ranging National Alignment to Restore State Institutions, Eliminate Coup
National Defense Council Approves Measures to Support Liberation Efforts, Resume Oil Exports
President al-Alimi: We Established Firm Deterrence Equation, Doors Remain Open to Fair Peace

About Saba News Agency | Usage Agreement | Contact Us