Saudi grants Yemen more than USD11bln
(MENAFN) On Sunday, Saudi Arabia announced that it has provided more than 11 billion U.S. dollars assistance to Yemen, Sabq online local news reported.
The announcement was made by King Salman Center for Relief and Humanitarian Action, saying that the country has initiated 269 projects with a total budget of 1.6 billion dollars and offered more than 783 million dollars to the United Nations for Yemen.
Yemen has been racked by violence since 2014, when Houthi rebels overran much of the country. The conflict escalated in 2015 when Saudi Arabia and its allies launched a devastating air campaign aimed at rolling back Houthi gains.
The ongoing violence has devastated basic services, including water and sanitation systems, prompting the UN to describe the situation in Yemen as one of "the world's worst humanitarian disasters in modern times".
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