A Reuters source with direct knowledge confirmed that Saudi Arabia plans to deliver approximately 1.38 billion riyals worth of economic assistance to Yemen's internationally recognized administration. The $368 million grant will flow through the Saudi Development and Reconstruction Program for Yemen to strengthen the government's budget operations. Officials in Aden have faced persistent currency weakness and inflation since Iran-backed Houthis removed former President Ali Abdullah Saleh from Sanaa in late 2014. This displacement sparked a civil conflict that has lasted ten years and divided the nation.
Saudi-led coalition forces entered Yemen in March 2015 with the goal of restoring the displaced government to power. The intervention created a territorial split between the internationally recognized authorities operating from Aden and the Houthi leadership controlling Sanaa. Riyadh has delivered billions of dollars through various aid programs and financial deposits to maintain the Aden administration's operations. These funds have enabled the government to continue paying public sector employees and managing essential services despite ongoing challenges.
Saudi-led coalition forces entered Yemen in March 2015 with the goal of restoring the displaced government to power. The intervention created a territorial split between the internationally recognized authorities operating from Aden and the Houthi leadership controlling Sanaa. Riyadh has delivered billions of dollars through various aid programs and financial deposits to maintain the Aden administration's operations. These funds have enabled the government to continue paying public sector employees and managing essential services despite ongoing challenges.
