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

President al-Alimi performs Eid al-Fitr prayers with senior officials in Aden, welcomes well-wishers

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) performed today, Sunday, Eid al-Fitr prayers along with a number of the government's senior officials and the fellow citizens in the temporary capital Aden.

Six Palestinians killed in Israeli artillery attack on a house in Khan Yunis

Six Palestinians were killed and others injured on Saturday when Israeli artillery targeted a house east of Khan Yunis, south of the Gaza Strip.

Spain's public deficit amounts to 2.8 percent in 2024

The general deficit of the Kingdom of Spain was 2.8 percent of GDP in 2024.

Syria and Lebanon defeat Pakistan and Brunei in 2027 AFC Asian Cup qualifiers

The Syrian national team defeated Pakistan 2-0 in the first round of Group E of the qualifiers for the 2027 AFC Asian Cup, which will be held in Saudi Arabia.

Last Update: ، 2025/03/31 Time 01:05:10
Latest News:

President al-Alimi: Regaining Sana'a, the state's institutions has become closer than ever

Yemeni Ambassador to EU Discusses Bilateral Relations with European Official

Decree by Chairman of the Leadership Council about rules governing actions of the Council, its backup ..

Yemen's Ambassador to Muscat meets with Omani Deputy Foreign Minister

Vice Foreign Minister discusses humanitarian support for Yemen with German official

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.