ECONOMY

How will Saudi Arabia distribute its financial support to its citizens?

Depending on what income category Saudi citizens lie in, a monthly payment of 1,200 to 600 Saudi riyals will be given by the government. (Reuters)

Depending on what income category Saudi citizens lie in, a monthly payment of 1,200 to 600 Saudi riyals will be given by the government.

The numbers represented in these categories represent an average family size of six.

Saudis whose income levels fall in the first and second categories will receive 1,200 riyals every month.

Saudis whose income level falls in the third category will receive 1,000 riyals every month.

Saudis whose income level falls in the fourth category will receive 600 riyals every month.

No support to Saudis in the fifth category of income and to those with monthly income exceeding SAR 21,000.

The Saudi cabinet approved the state's general budget for the new fiscal year 2017 in its session under the chairmanship of King Salman bin Abdulaziz Al Saud at Al-Yamamah Palace in Riyadh on Thursday.

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Last Update: Thursday, 22 December 2016 KSA 21:20 - GMT 18:20
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