Today: Monday, 27 May 2024 year

Saudi-led coalition to give $1.5 bn in new aid for war-torn Yemen

Saudi-led coalition to give $1.5 bn in new aid for war-torn Yemen

War-torn Yemen urgently needs an international financial assistance to recover its infrastructure and to prevent the hunger. The new Saudi Arabia’s aid programme is ready to help, another $1.5 bn will be given to Yemen soon.

The Saudi-led coalition said on Monday it would commit $1.5 billion in new humanitarian aid for Yemen. The Middle East kingdom will also “lead the expansion of additional Yemeni ports” to receive cargo and humanitarian assistance, ensure several daily flights of cargo planes carrying aid from Saudi Arabia to Marib province, and establish “safe passage corridors” to ensure the delivery of aid to non-governmental organizations inside the war-torn country.

On Monday, Saudi Foreign Minister Adel Al-Jubeir accused Iran of supplying Houthi militias in Yemen with more than 60 ballistic missiles that have been fired at Saudi Arabia. The meeting of ministers from the Saudi-led Arab coalition supported Yemen’s internationally recognized government. In his statement at the meeting, the minister Al-Jubeir accused the Houthis who are responsible for the destruction and devastation in Yemen.

Saudi-led coalition to Yemen means a lot to the war-torn country

The new $1.5 bln Saudi assistance aimed at the increasing the capacities of Yemeni ports, which should receive humanitarian imports as soon as possible o prevent the collapse of Yemen. Last week, Saudi financial support went to Yemen’s Central Bank to support the Yemeni riyal. The currency slid further against the US dollar late last year after the coalition blocked access to all of Yemen’s ports for several weeks in response to a Houthi missile launched at Riyadh.

Thus, the expansion of ports will be supported with up to $40 million from the coalition, which will also allocate up to $30 million to cover transport costs of non-humanitarian shipments intended for the port of Hodeidah, in Houthi-held territory, to “their intended destinations in Yemen.”