Saudi sources revealed that the strict economic measures announced by Riyadh to face the oil drop and the Corona crisis will not affect the salaries and allowances of employees.
The sources confirmed to the newspaper “Okaz”, that the government is committed to fulfilling the salaries and allowances of its employees and disbursing them on the fixed date every month, explaining that stopping the cost of living allowance within the recent decisions came in line with the circumstances of the stage, as the allowance was considered additional support for salaries.
The sources revealed that reducing the budgets of initiatives to achieve the “Vision 2030” and major projects was estimated at about 30 billion riyals.
This came within a major reduction plan that included many operational and capital expenditures of about 100 billion riyals, in order to alleviate the consequences of the emerging crisis of the Corona pandemic.
The sources emphasized that despite the reduction in spending on vision programs and major projects, work on them will continue without interruption.
The sources indicated that the state allocated 177 billion riyals to strengthen the health sector, reduce the impact of the pandemic on the private sector and maintain the salaries of employees in it.
The sources expected that reviewing the benefits of government agency employees would reduce spending on government agencies, institutions and programs. It showed that non-oil exports declined since the beginning of last April until 22 of the same month, by 31.7%.
SOURCE : SAUDI24
