The Saudi Program for the Development and Reconstruction of Yemen (SDRPY) has signed a memorandum of joint cooperation with the Saudi Export Development Authority to improve the efficiency of the export environment in Yemen, Al-Riyadh newspapers reported in its editorial.
The paper added that this step comes within the unremitting efforts being exerted by the Kingdom of Saudi Arabia to support Yemen to find a way out of its crisis, caused by Iranian-backed terrorist Houthi militia.
The editorial concluded that this agreement is as apart of the several projects being carried out by Saudi Arabia to improve the quality of life through development projects and programs to support the Yemeni economy and Yemeni people.
In another context, Al-Yaum newspaper reported in its editorial that the novel Coronavirus pandemic has negatively impacted on the global economy.
The editorial added that Saudi ecomomy is strengthened more than ever by the national transformation projects and the strategies included in the Kingdom of Saudi Arabia ‘s 2030 vision.
The editorial concluded that the Minister of Finance and Acting Minister of Economy and Planning, Mohammad Al-Jadaan has said in Euromoney conference, held virtually, that Saudi’s economy is witnessing growth in many sectors and Saudi Arabia’s Vision 2030 has achieved growth in tourism, entertainment and in financial and technological sectors.