In Yemen, more than YR 32.3bn (US$ 162.33mn EUR 117.48mn) has been budgeted under the 2006-2010 third poverty reduction plan as proposed investments in the fisheries industry.

For the Programme for Fisheries development, YR 9.5bn has been earmarked for purchasing additional vessels, monitoring regional waters and technical research equipment to learn more about the country's marine and ecological wealth. For the third programme, a total of YR 8.17bn has been allotted to research plans, aiming at setting up storage facilities and fishing ports and developing a vision for better economic management of fishing organisations.
The biggest portion of the funds is allotted to the coastal development programme that is targeted at channeling government support for unorganised and traditional fishermen. For this purpose, funds of more than YR 13.3bn will be used over the four-year period. Meanwhile, the balance amount will be given to the Marine Wealth Ministry to help it develop more buildings, buying a very modern information database and purchasing more vehicles. The YR 32.3bn amount includes YR 10.5bn of donor funds that are expected within the years 2006 to 2010.
In 2005, fisheries production of Yemen was contributed to the tune of 41.5% by governate of Al-Mahara, with 98,100 tonnes of fisheries. Hodieda governate accounted for 9.0% of the country's total fisheries production with 21,300 tonnes. Hodieda came after Aden governate, which produced 64,700 tonnes of fisheries or 4.9% of Yemen's total fisheries production.