Saudi King approves SR500 monthly allowance (approx Rs.12,000) ahead of electricity, water tariff changes: Who gets it?
New Delhi, Oct. 26 -- Saudi Arabia's King Salman bin Abdulaziz Al Saud has ordered a package of financial support measures, including an additional monthly allowance of 500 Saudi riyals (approximately Rs.12,000) for eligible citizens, as the kingdom prepares to introduce changes to electricity and water consumption tariffs from January 1, 2027.
The measures, proposed by Crown Prince and Prime Minister Mohammed bin Salman, will benefit eligible civilian and military employees, retirees, certain family members of deceased contributors or retirees covered by the Social Insurance Law, and households receiving social security support, according to the Saudi Press Agency (SPA).
Multiple news outlets have reported the measures, citing the roya...
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