The Kingdom of Saudi Arabia, under the directives of the Custodian of the Two Holy Mosques , King Salman bin Abdulaziz , and based on a recommendation from His Royal Highness Crown Prince Mohammed bin Salman, Prime Minister, announced an additional grant of 1,380,250,000 Saudi Riyals Rashad Mohammed Al-Alimi President of the Yemeni Presidential Leadership Council , and reaffirms the Kingdom's commitment to supporting the Presidential Leadership Council and the Yemeni government in facing difficult economic circumstances.
Dimensions of economic support
The new support includes funding for the Yemeni government's budget, providing petroleum derivatives, and supporting the operational budget of Prince Mohammed bin Salman Hospital in Aden Governorate. This comes through the Saudi Program for the Development and Reconstruction of Yemen , within a governance framework that ensures resources are effectively directed to support the Yemeni government's efforts in implementing economic and financial reforms.
Message from the Kingdom of Saudi Arabia
This support reflects the Kingdom's commitment to strengthening economic, financial, and monetary stability in Yemen, thereby contributing to alleviating the suffering of the Yemeni people and providing them with the essentials for a dignified life. It also underscores Saudi Arabia's commitment to its regional role in supporting brotherly nations during crises and its dedication to its policy of achieving security, stability, and development in the region.
Historical background
This announcement is part of a series of initiatives launched by the Kingdom to support Yemen since the beginning of the crisis, providing billions of riyals in humanitarian, economic, and development aid. Saudi Arabia is considered the largest international supporter of Yemen, both through direct aid and through its development institutions, most notably the King Salman Humanitarian Aid and Relief Center and the Saudi Program for the Development and Reconstruction of Yemen.
