News December 13, 2017 at 3:10 pm

Saudi Will Soon Give Cash Transfers To Low and Middle-Income Nationals Monthly And It’s Pretty Considerate Why

ByShereen Ahmed

Just when you thought the progression for 2017 was going to end there, now Saudi is reportedly going to give away a monthly amount to families or citizens in the Kingdom with low to middle incomes.

This is to help the underprivileged ones cope and struggle a little less in the duration of the Kingdom’s economic transition.

The monthly cash transfers will begin on December 21st

In only eight days, every Saudi family/citizen that earns low to middle-waged salaries will be compensated with a certain amount to those affected by the new VAT and subsidy cuts. Officials from Saudi Arabia confirmed that the Citizen’s Account program will be looked into on a quarterly basis, according to Bloomberg.