RIYADH: Saudi Arabia has announced a new economic aid package for Yemen worth $368 million, according to the Saudi Press Agency.
The support will be delivered through the Saudi Programme for the Development and Reconstruction of Yemen.
The package includes budgetary support, funding for petroleum derivatives, and operational costs for the Prince Mohammed bin Salman Hospital in Aden.
Riyadh stated that the initiative underscores its commitment to stabilising Yemen’s economy and supporting the Yemeni government’s reform efforts.
The aid comes under the direction of King Salman and is based on the recommendations from Crown Prince Mohammed bin Salman, SPA added.