The government of Saudi Arabia to compensate for the rising cost of living will be distributed between the country’s citizens $13.3 billion

The government of Saudi Arabia for 2018 will be distributed among the inhabitants of the country 50 billion rials (about $13.3 billion). On 6 January, the Minister of culture and information of Saudi Arabia Awwad bin Saleh Alawad told the newspaper Asharq Al-Awsat.

According to him, the decision was made to «compensate for the growing population the cost of living».

According to the decree of king Salman bin Abdul-Aziz al Saud, state monthly employees will pay 1 thousand rials (about $266). Cash payments will be received by the retirees and military personnel.

The government decided to reduce benefits to members of the Royal family that has sparked protests 11 princes.

Reuters notes that the country’s budget by 2018 laid the price of oil at $55 per barrel. Now it is about $67, so Riyadh can afford additional social benefits.




The government of Saudi Arabia to compensate for the rising cost of living will be distributed between the country’s citizens $13.3 billion 10.01.2018

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