KSA:Govt will provide allowance to low-income households

Saudi Arabia will start giving household allowances



Low and middle-income Saudi households will begin benefitting from a new government allowance scheme, which will be announced on Tuesday.
The additional funds are meant to curb the effects and strains of the kingdom's economic reforms on less fortunate families, a source explained, according to media reports.



As Riyadh has instituted major economic reforms, increasing fuel prices and reduced subsidies have taken their toll on many Saudi households' disposable income. Last December, Saudi leaders said they planned to implement an allowance system to address the problem.
Previously, the government said Saudis would be paid in cash and the allowances would be based on a family's income level. Only those in the low-income bracket would be fully reimbursed for the additional expenses and reduced subsidies,




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