Saudi Delegation Highlights Yemen Support at WB Meet

Saudi Delegation Highlights Yemen Support at WB Meet

Post by : Bianca Qureshi

Oct. 18, 2025 4:38 p.m. 1981

A Saudi delegation from the Saudi Development and Reconstruction Program for Yemen (SDRPY), led by Eng. Hassan Al-Attas, took part in a World Bank roundtable titled “Enabling Jobs in Fragile and Conflict-Affected Environments” in Washington. The event, held alongside the annual IMF and World Bank meetings, brought together ministers, international officials, and development leaders to discuss strategies for job creation and private-sector growth in fragile economies.

Eng. Al-Attas thanked the World Bank for hosting the discussion, describing it as a vital platform for sharing ideas to strengthen economic recovery in countries like Yemen. He outlined Saudi Arabia’s long-term support to Yemen, noting that the Kingdom has contributed more than $26 billion in development, economic, and humanitarian aid over the decades.

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Since 2018, Saudi Arabia has made several key financial interventions, including a $2 billion deposit to Yemen’s Central Bank to help fund essential food imports. Between 2012 and 2025, Saudi aid exceeded $12 billion, helping stabilize markets, improve liquidity, and create conditions for private investment.

Al-Attas also detailed SDRPY’s three-pillar approach to rebuilding Yemen — strengthening government institutions, investing in infrastructure and human capital, and supporting private-sector growth. Under this framework, SDRPY has launched over 265 projects across 16 governorates, covering eight key sectors such as energy, health, education, and water, with a total value of $1.145 billion. All projects are directly supervised through five program offices to ensure transparency and efficiency.

During the visit, the Saudi delegation met with Yemeni officials, World Bank representatives, and Estonian delegates to discuss new partnerships aimed at advancing sustainable development and promoting Yemen’s economic recovery.

The discussions reaffirmed Saudi Arabia’s ongoing commitment to Yemen’s stability and growth, emphasizing collaboration with international institutions to build infrastructure, generate employment, and foster long-term resilience in one of the region’s most fragile economies.

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