Saudi Arabia will give Economic aid of 1.2 billion Dollars to Yemen
Riyadh: Saudi sources have said that Saudi Arabia is giving Yemen’s Presidential Council 1.2 billion dollars to help the struggling country’s economy. According to media reports, fighting with Iran-backed Houthis in northern Yemen over the past year is enough. The border has stalled, but the internationally recognized government in Aden faces a weak currency and high prices.
The situation in Aden and southern Yemen has worsened in particular since Houthi drone strikes hit oil tankers in southern oil terminals several times, halting crude oil exports to the government from there. The Saudi source said. This support will contribute to strengthening security and preventing the resumption of military clashes.
Sources added that the process would encourage all parties to dialogue to reach a comprehensive political solution to the Yemeni crisis. A Yemeni official said the donation would cover government wages, fuel for power plants, and food. will be used for import.