Saudi Arabia has provided Yemen’s government with more than 224 million Saudi riyals ($59.66 million) in financial assistance following a request from the government after what it described as “terrorist attacks by the Houthis,” Saudi Ambassador to Yemen Mohamed Al-Jaber said Thursday.
Al-Jaber announced the funding in a post on X as hostilities continue between Saudi Arabia and Yemen’s Iran-backed Houthi terrorists, who have intensified attacks targeting Saudi cities and energy infrastructure.
The latest financial assistance was provided through the Saudi Development and Reconstruction Program for Yemen, according to Al-Jaber. He said the grant is intended to bolster the Yemeni government’s cash flows and fiscal policy while supporting Yemenis’ purchasing power.
The announcement came after a statement Thursday said the Houthis had targeted a power distribution station in Medina on Tuesday. The attack knocked one transformer out of service but did not disrupt the electricity network.
Al-Jaber said Saudi Arabia approved the assistance at the Yemeni government’s request following the Houthi attacks.
The more than 224 million Saudi riyals in funding is directed toward supporting the Yemeni government’s finances as it addresses economic pressures and the effects of the continuing hostilities.
