REPORTS

Who is eligible for the Saudi Citizen’s Account

Tuesday, 31 January 2017

The program is based on identifying the specific consumption levels and thus rationalization will be very important in the classification process, which will include individuals and beneficiaries of this program and of course they will be divided into five segments categories

To this hour, we have no information about the ratio income of these groups, but we're talking about five categories and compensation will range between 100 % to 50 % per capita income

After the data has been compiled and after receiving the applications, they will formally assess the data base tomorrow. All the data will be accumulated and we may have a larger picture of these categories that will be announced later. How many individuals will benefit from this program? What’s their income? And how much compensation will they receive?

The first monetary compensation is due in the month of June 2017, a month before a rise in electricity bills.
 

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