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

Minister of Health, Chinese Diplomat Discuss Strengthening Bilateral Cooperation

Minister of Public Health and Population Dr. Qasim Buhaibeh met Saturday with Zhao Cheng, the Chargé d’Affaires of the Embassy of the People’s Republic of China in Yemen.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold Prices Stabilize as Investors Await Key US Data Release

Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/12/06 Time 05:08:22
Latest News:

President of the Leadership Council Departs Aden for Consultations on National Developments

Leadership Council Member Al-Arada Says Major National Issue is Liberation of Capital Sana'a

Ambassador Belfagih Meets Indonesian Immigration Chief to Enhance Bilateral Cooperation

Leadership Council Member al-Arada returns to Marib after successful foreign tour

Defense Minister meets with chief British Military advisor in Middle East

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.