Saudi Arabia to provide Yemen with USD 500 million assistance

Saudi Arabia has pledged a support of 500 million U.S. dollars for Yemen on June 2. The plan has been announced at the virtual Yemen High-Level Pledging Conference 2020, that is organised by Saudi Arabia, in partnership with the United Nations.

At the virtual Yemen High-Level Pledging Conference 2020, the Supervisor General of King Salman Humanitarian Aid and Relief Centre, Abdullah Al Rabeeah announced the support of USD 500 million to assist Yemen in the crisis situation.

Speaking of the distribution of the fund, Abdullah Al Rabeeah said that of the USD 500 million aid, 300 million dollars shall be allocated to the UN agencies and the remaining USD 200 million will go to the King Salman Humanitarian Aid and Relief Centre’s Yemen-related projects.

Meanwhile, highlighting the risk at hand pertaining to oil explosion as a result of Houthis’ control of the port of Hodeidah in 2015 which has more than a million barrels of oil, Saudi Foreign Minister, Faisal bin Farhan Al Saud, has called upon the international community to exert pressure on the Houthi militias, to allow UN officials access to the Safer oil tanker.

Photo Credit : https://commons.wikimedia.org/wiki/File:Months_after_an_airstrike_on_a_neighborhood_populated_by_black_Yemenis_or_%22Muhamasheen%22_more_than_a_hundred_buildings_still_remain_in_rubble_and_survivors_continue_to_search_for_any_valuables_-_Sanaa_-_Yemen_-_Oct-9-2015.png

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