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FinancialNews


  • 10-12-19

    Cost-of-living allowance to be extended until end of 2020

    (MENAFN) On Monday, guardian of the Two Holy Mosques King Salman demanded widening the cost-of-living allowance for one extra year until the end of 2020.


    The statement came through the Cabinet gathering to approve the 2020 state budget.


    According to King Salman the Kingdom will maintain its economic improvements.


    King Salman also said that, "this budget is a continuation of the government's policy to develop basic facilities and services for citizens, enhance social protection programs, upgrade government services, raise the level of quality of life, and support housing plans."

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