Saudi Arabia Deposits $906.2 Million into Citizen Accounts for September
In a significant financial move, the Saudi Arabian government has deposited $906.2 million into the accounts of 10.8 million eligible beneficiaries this September. This action forms part of the Citizen Account Program, designed to support Saudi nationals with financial assistance, particularly to mitigate the impacts of economic reforms.
The funds were distributed directly to the eligible recipients, ensuring timely financial support for those in need. The Citizen Account Program continues to be a pivotal tool in Saudi Arabia’s efforts to provide economic stability and enhance the quality of life for its citizens.
The recent deposits underscore the Kingdom’s commitment to welfare programs aimed at countering the fiscal pressures faced by lower and middle-income families.
Source: Economy Middle East.