Yemen In Need Of $11Bn, Saudi Arabia To Donate $1Bn

Yemen has said it requires a total of $11bn to help steer its battered economy to recovery, ahead of an international donor conference in Riyadh next week. Saudi Arabia has since pledged $1bn to the impoverished nation to strengthen the Yemeni rial.  

“Our needs are $14bn,” Minister of Planning and International Cooperation Muhammad al-Saadi said on 29 August. “The Yemeni...