Saudis immensely hailed the generous act of the King Salman, on Saturday he organized bonuses and payouts for citizens, a monthly payment of 1,000SR for civil servants.
The King also organized the payment of 5,000SR and 500SR to military personnel serving at the front lines and for the retirees and those receivi0ng social security.
King Salman navigated the State to swallow the burden of Value Added Tax (VAT) in some situations, containing special health and education services as well as the first purchase of a house that is 850,000SR. Quota for students, retirees and social security recipients were also enhanced. Student quota will be increase by 10 percent.
The King also ordered, to pay government salaries before the electricity bills are issued each month.
A public sector’s employe, Atif Al-Ghamdi said,“These measures show the concern of the governance for the citizens,”.
Saleh Al-Zahrani, working in the hospitality sector said, “We are proud of our leaders, who take all essential steps to make sure that we lead a happy and decent life,”.
The government recently launched a new welfare system attaining approximately 3 million families and 10.6 million beneficiaries- or roughly half of the Saudi population.
Half of those families received the maximum payment of 938SR. The minimum payment, they received is 300SR.
In 2018, the government presumes to pay approximately 32SR billion on the Citizen’s Account payments and Saudi Arabia will slow plans to eliminate subsidies for a wide range of energy products.
To return the economy to positive growth, the upcoming year’s budget visualizes the record spending for the Kingdom of the Saudi Arabia.