Saudi Arabia and its support for Yemen

New Saudi support for Yemen’s central bank follows directives from King Salman and Crown Prince and Prime Minister Mohammed bin Salman, with the stated aim of promoting stability and development for the Yemeni people.

The support is intended to strengthen Yemen’s economic, financial and monetary foundations. It is also expected, according to the article, to help improve purchasing power and living standards, stimulate commercial markets and support sustainable recovery.

The move is described as an extension of Saudi Arabia’s support for Yemen’s leadership and people in health, education and humanitarian affairs. The article says that assistance is intended to secure essential services and daily needs for Yemenis, who continue to suffer from the effects of the Houthi militias’ takeover of a large part of the country.

The article accuses the Iran-backed Houthi militias of killing and torturing Yemenis, looting their property, violating their rights and attacking their freedoms. It also says Saudi support has extended to addressing economic problems affecting residents of the liberated provinces, including through the rehabilitation of ports and airports. The supplied text ends while describing those efforts.