Saudi Arabia has allocated SR1.3 billion (approximately $346 million) to help address the Yemen government’s salaries budget deficit, according to official statements released on Thursday. The financial assistance was approved under directives from King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman as part of ongoing efforts to support Yemen’s economic recovery.
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The funds were delivered through the Saudi Program for Development and Reconstruction of Yemen, which aims to strengthen Yemen’s economic and institutional stability. Officials said the support would help the Yemeni government pay salaries to public sector employees and maintain essential state functions.
The initiative is intended to improve financial stability, enhance governance, and strengthen public institutions while also encouraging private sector development. Saudi officials said the programme forms part of broader efforts to promote sustainable economic growth and stability in Yemen.
Rashad Al-Alimi, chairman of Yemen’s Presidential Leadership Council, welcomed the assistance and expressed appreciation to Saudi Arabia’s leadership. He said the financial support reflects confidence in Yemen’s government and its efforts to rebuild national institutions.
Al-Alimi noted that the funding would help improve public services and support government operations during a challenging economic period. He described Saudi Arabia’s assistance as an important step toward restoring stability and improving living conditions for Yemeni citizens.
Saudi Arabia has provided significant humanitarian and economic support to Yemen in recent years as the country continues to recover from prolonged conflict and economic disruption.
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Officials said continued international cooperation and financial support will be critical in helping Yemen rebuild its economy, strengthen governance, and achieve long-term stability for its population.