Saudi Arabia has launched a new phase in its ongoing support for the Yemeni government by signing two development agreements and a memorandum of cooperation with Yemen through the Saudi Program for the Development and Reconstruction of Yemen (SDRPY).
The agreements aim to boost economic stability, improve basic services, and build institutional capacity.
On September 20, Saudi Arabia announced an additional $368 million (SAR 1.38 billion) in aid to the Yemeni people through the program.
The agreements include direct support to help the Yemeni government cover its budget deficit and address urgent economic and development challenges. They also provide fuel supplies needed to operate power plants across different provinces, improving services and increasing electricity availability for citizens.
The memorandum of cooperation signed with Yemen’s Ministry of Interior aims to strengthen the ministry’s institutional, technical, and technological capacities. It also seeks to enhance knowledge sharing with Saudi counterparts to boost operational efficiency and develop the ministry’s infrastructure.
Yemeni Prime Minister Salem bin Braik hailed the Saudi assistance as a “new milestone” in the enduring partnership between the two countries.
He said the agreements address core needs of the Yemeni people and reflect a broader phase of effective cooperation in supporting the state budget, powering electricity plants, and building the institutional capacities of the Interior Ministry.
“What we are signing today is not just financial support or development programs. It is a sincere expression of a firm and principled position by the Kingdom, standing by Yemen in its struggle for stability and recovery,” bin Braik said.
“Under the leadership of the Custodian of the Two Holy Mosques and the Crown Prince, the Kingdom has always been a reliable supporter in times of hardship and a partner in nation-building. This support is not a temporary reaction, but a strategic choice rooted in deep historical ties between our two nations,” he stressed.
The prime minister added that the Saudi contribution will provide a strong boost to Yemen’s economic reform and recovery efforts, enabling the government to meet its obligations. He noted that 85 percent of the support will be allocated to paying public sector salaries.
Saudi Ambassador to Yemen and SDRPY Supervisor Mohammed bin Saeed Al Jaber said the initiative marks another milestone in the close cooperation between the two countries.
“This support reflects the Kingdom’s ongoing commitment to Yemen and directly addresses its economic, service, and institutional needs,” he stated.
The SDRPY has so far implemented 265 projects and initiatives in eight key sectors: education, health, water, energy, transport, agriculture and fisheries, capacity building for government institutions, and development programs across various provinces.
