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

Minister of State Discusses Building Yemeni Women’s capacities with Italian Ambassador

The Minister of State for Women’s Affairs, Dr. Ahd Jaasous discussed Saturday with the Italian Ambassador to Yemen Carlo Baldocci ways to strengthen joint cooperation in the areas of women’s economic empowerment and capacity building.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/03 Time 09:26:00
Latest News:

Yemeni Coast Guard Locates Oil Tanker Hijacked off Shabwa Coast

Minister of Human Rights Reviews Conditions of Inmates at Aden Central Prison

Al-Arada Confers with British Ambassador over Assisting Government's Reforms Program

Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions

Minister of Education Discusses Partnership with "Pure Hands"

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.