Saudi Arabia allocates SR1.3 billion to support Yemen government salaries

RIYADH — Saudi Arabia has provided SR1.3 billion to address the salary budget deficit of the Yemeni government, under directives from Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman.The support was delivered through the Saudi Program for Development and Reconstruction of Yemen as part of the Kingdom’s continued efforts to promote stability and development for the Yemeni people.The initiative aims to strengthen economic, financial and monetary stability in Yemen, enhance the capacity of government institutions, improve governance and transparency, and enable the private sector to drive sustainable economic growth.Yemeni Presidential Leadership Council Chairman Rashad Al-Alimi expressed appreciation to the Saudi leadership for the new economic support to cover state employee salaries, describing it as an extension of the Kingdom’s longstanding support for the Yemeni people.Al-Alimi said the support sends an important message of confidence in Yemen’s recovery path and in the government’s ability to strengthen national institutions and reinforce security and stability.He added that the partnership with Saudi Arabia represents a strategic choice for a more stable future and called for unified efforts to support institutional rebuilding, improve living conditions and advance economic and social development.RIYADH — Saudi Arabia has provided SR1.3 billion to address the salary budget deficit of the Yemeni government, under directives from Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman.The support was delivered through the Saudi Program for Development and Reconstruction of Yemen as part of the Kingdom’s continued efforts to promote stability and development for the Yemeni people.The initiative aims to strengthen economic, financial and monetary stability in Yemen, enhance the capacity of government institutions, improve governance and transparency, and enable the private sector to drive sustainable economic growth.Yemeni Presidential Leadership Council Chairman Rashad Al-Alimi expressed appreciation to the Saudi leadership for the new economic support to cover state employee salaries, describing it as an extension of the Kingdom’s longstanding support for the Yemeni people.Al-Alimi said the support sends an important message of confidence in Yemen’s recovery path and in the government’s ability to strengthen national institutions and reinforce security and stability.He added that the partnership with Saudi Arabia represents a strategic choice for a more stable future and called for unified efforts to support institutional rebuilding, improve living conditions and advance economic and social development.