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Saudi Arabia: royal directive to provide additional support Citizen Account Program

Saudi Arabia created citizen account program in 2022 to protect Saudi households from the impact of global price hikes

Saudi Arabia laucnched citizen account program in 2022
saudi-arabia

Saudi Arabia’s ruler and the custodian of the two holy mosque King Salman bin Abdulaziz Al Saud has directed that the additional assistance granted to beneficiaries of the ‘Citizen Account Program’ be extended for two more months, and that registration for the program be kept open.

“Upon the recommendation of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs, Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has directed that the additional assistance granted to beneficiaries of the Citizen Account Program be extended for two more months, until September 2023, and that registration for the program be kept open,” the country’s official news agency Saudi Press Agency (SPA) said in the statement.

The SPA report revealed that a royal directive issued in July 2022 allocated additional financial support to the beneficiaries of the Citizen Account Program until the end of the fiscal year 2022; as per the Royal directives issued in January and April 2023, this was extended and the registration for the program was to be kept open until July 2023.

The Citizen Account Program was created to protect in the backdrop of a steep rise in the prices of essential commodities due to the supply-chain disruption caused by the escalation of geo-political tension in the Eastern Europe.