Saudi Arabia

Saudi Sets SR 20,000 as the Maximum Income Limit for Citizens’ Accounts

Saudi Arabia has made amendments to the regulations of its Citizen’s Account Programme to make SR20,000 the maximum limit for the income of the beneficiary and his family members.

A royal decree has been issued in this regard to give additional support for the program’s beneficiaries and enable it to reach the most deserving groups. The Citizen’s Account Programme was established to protect Saudi families from the expected direct and indirect impact of various economic reforms, which may cause an additional burden on society.

The new amendments will help the beneficiaries enjoy the benefits of the current month of October. According to the amendments, families consisting of six people, including the head of the family, two dependents over the age of 18, and three dependents under the age of 18, with a total income of SR20,000, can take advantage of the support. The beneficiaries can visit the program’s website to learn about their entitlement.

The programme aims to provide government benefits to eligible groups in a way that promotes rational consumption and ensures that support is effectively channelled to different eligible groups. The financial support will be transferred directly to eligible beneficiaries.

The total amount disbursed to the beneficiaries since the launch of the program until last month amounted to SR175 billion. The number of main and dependent beneficiaries of the program has exceeded more than 11.3 million.

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Source
Saudi Gazette

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