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


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.

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