Kingdom of Saudi Arabia to grant USD 1.2 billion economic support to Yemen

Riyadh: The Kingdom of Saudi Arabia (KSA) on Tuesday, August 1, announced the provision of economic support worth 1.2 billion dollars to Yemen

This support came under the directives of the Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin



Salman.

The economic support was provided in response to the request by the Yemeni government for help to address its budget deficit.

It will help boost the country’s ailing economy, pay salaries and improve food security, and reflect the Kingdom’s desire to help achieve security, stability and development in Yemen.