Saudi Arabia Provides $60 Million to Yemen to Support Budget and Salaries
Agencies2 min read
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Saudi Arabia has provided over 224 million Saudi riyals (approximately $60 million) to Yemen to support the budget and cover the operational expenses of the government and employee salaries.
The Saudi Press Agency (SPA), on Sunday, stated that the Kingdom "provided through the Saudi Program for the Development and Reconstruction of Yemen a new installment to support the Yemeni budget with over 224 million Saudi riyals".
It explained that the funds are allocated "to cover operational expenses and salaries", aiming to support economic stability, the regularity of government financial flows, and the disbursement of salaries.
It added that the support aims to enhance the efficiency of fiscal policy, purchasing power, the regularity of household income, and the activation of commercial markets.
According to SPA, Saudi developmental and economic interventions to Yemen have exceeded $12.6 billion during the period between 2012 and 2026.
The support comes at a time when Yemen is witnessing a military escalation that began in July 2026, the largest since the relative calm following a truce that began in April 2022.
The pace of fighting accelerated last September, with the Houthis controlling vital areas in the governorates of Hodeidah and Taiz, including the strategic city of Al-Mokha, reaching Mayun Island overlooking the Bab al-Mandab Strait.
Since September 2014, Yemen has been witnessing a war following the Houthis' control of the capital Sanaa and several governorates, before the intervention of an Arab coalition led by Saudi Arabia in March 2015 in support of the internationally recognized government.