RIYADH: Saudi Arabia has provided more than SR224 million ($59.7 million) in additional support to help the Yemeni government cover the salaries of public sector employees, Saudi Ambassador to Yemen Mohammed Al-Jaber said on Friday.
Al-Jaber added that the funding was disbursed through the Saudi Program for Development and Reconstruction of Yemen under directives from the Saudi leadership and with the follow-up of Defense Minister Prince Khalid bin Salman.
The support is aimed at addressing the Yemeni government’s budget deficit and ensuring the continued payment of state employees, the ambassador said on X.
According to Al-Jaber, the funding will help maintain the government’s financial flows, provide foreign currency liquidity, support the stability of the Yemeni riyal and strengthen efforts to deliver basic services and promote economic stability.
The announcement comes after a recent signing between the Kingdom and Yemen for a $150 million agreement to supply oil derivatives for electricity generation stations across several Yemeni governorates.
The agreement, funded through the SPDRY and implemented in cooperation with Yemen’s Ministry of Electricity and Energy, will support power generation and improve access to electrical services.
Saudi Arabia has been one of the largest supporters of Yemen’s internationally recognized government, providing economic assistance, development projects and humanitarian aid aimed at supporting public services and economic recovery.
