King Salman issues royal decree: 20% increase in Saudi social security pension
Move to enhance living standards of citizens while alleviating their financial burdens
Source: gulfnews.com
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Saudi King allocates $5.3bn as aid to tackle rising global prices
Saudi King Salman has ordered the allocation of SR20 billion ($5.3 billion) as financial aid to tackle the effects of rising prices. Of the allocated funds, 50% will go to social insurance beneficiaries and for Citizen Account Programme, said a report.
Source: tradearabia.com
MEED | Saudi Arabia and UAE increase welfare spending
Riyadh and Abu Dhabi both announce measures to protect citizens from rising prices
Source: meed.com