Saudi king orders Eid holiday bonus for some citizens

The kingdom also has a newly instituted welfare system for about 3 million families, half of which receive the maximum payment of 938 riyals ($250) a month.

13 June 2018 | 14:37

Source: Associated Press

  • Source: Associated Press
  • Last update: 13 June 2018 | 14:37

This undated photo shows King Salman. (AFP Photo)

RIYADH, Saudi Arabia:Saudi Arabia's King Salman has ordered a 1.7 billion riyal ($453 million) payout to beneficiaries of social security in the kingdom ahead of the upcoming Islamic Eid holiday that marks the end of the holy month of Ramadan.

The state-run Saudi Press Agency reported Wednesday the directive is to help people meet their needs during the Eid holiday, which begins this weekend.

In January, the king authorized a much larger package of bonuses and payouts for social security beneficiaries, civil servants, military personnel and Saudi students on scholarships abroad after a new tax was introduced and subsidies were lifted on gasoline.

The kingdom also has a newly instituted welfare system for about 3 million families, half of which receive the maximum payment of 938 riyals ($250) a month.


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