Stephen O'Brien told a news conference the cash is already flowing and he expects the ninth and final agreement with the King Salman Center for Relief and Humanitarian Aid to be signed in the coming days.
The United Nations appealed for USD 274 million in emergency aid for Yemen in April and in May Saudi Arabia pledged to fully fund the appeal.
In the meantime, the humanitarian needs in Yemen have escalated to USD 1.6 billion, which O'Brien said is only about 40 per cent funded.
The conflict pits President Abed Rabbo Mansour Hadi, a US ally, against Iranian-backed Shiite Houthi rebels, who seized the capital, Sanaa, last year, and military units loyal to ex-president Ali Abdullah Saleh.
A Saudi-led and US-backed coalition began launching airstrikes against the Houthis and their allies on March 26. Abdullah al-Rabeeah, director of the King Salman Center which was set up in May, was pressured about Saudi airstrikes creating humanitarian suffering on the ground at the same time the government is providing humanitarian aid.
Al-Rabeeah said he would welcome a cease-fire "provided that all parties will abide by the cease-fire.
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