Sunday, December 22, 2024

Saudi Arabia pledges $10bn to rebuild Yemen, claims president

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Following a week-long trip to Saudi Arabia, Abd Rabbuh Hadi, the Yemeni president spoke last week to officials including Yemeni Prime Minister Ahmed Abid bin Daghr and a number of provincial governors announcing that Saudi Arabia has pledged $10bn to aid reconstruction efforts in war-torn Yemen. “This huge amount will be aimed at reconstructing liberated areas, and includes a deposit of two billion dollars to the central bank to support the national currency,” Hadi told the meeting in Aden.

Hadi promised the money would be used for “electricity, water, health, education, roads and communication, taking local priorities into account”. “Citizens will sense the presence of local authorities, and there will be stability and rebuilding,” he added.

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