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Saturday, Jul 27, 2024

King Salman extends allocating SR8 billion for beneficiaries of Citizen Account Program

King Salman extends allocating SR8 billion for beneficiaries of Citizen Account Program

Custodian of the Two Holy Mosques King Salman issued a Royal Order extending an allocation of SR8 billion as an additional financial support for beneficiaries from the Citizen’s Account Program.
According to the Royal Order, the financial support for beneficiaries from the Citizen’s Account Program, which was introduced in 2022, will be extended until March 2023.

The directives were issued based on a recommendation of the Crown Prince and Prime Minister Mohammed Bin Salman, who in his capacity as the President of the Council of Economic and Development Affairs (CEDA), submitted to King the recommendation.

The financial support will be provided to beneficiaries based on the previously announced regulations.

Registration in the Citizen’s Account Program will be reopened in line with the previously announced regulations.

In July 2022, King Salman issued a Royal Order approving an allocation of SR20 billion to face rising global prices, including SR10 billion for beneficiaries of social security and the Citizen Account Program.
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