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HomeFinancialSaudi Arabia Approves Over SR3bn Ramadan Aid to Beneficiaries

Saudi Arabia Approves Over SR3bn Ramadan Aid to Beneficiaries

Saudi Arabia has approved a major initiative to support social security beneficiaries during Ramadan. The leadership of King Salman and Crown Prince Mohammed bin Salman has allocated over SR3 billion (about $800 million) for this purpose. This generous move aims to assist families in need during the holy month of Ramadan.

The SR3 billion will be distributed in a structured manner. Each breadwinner will receive SR1,000, and every dependent in the household will get SR500. This direct financial aid will be deposited into the bank accounts of beneficiaries, starting on March 18. The funds will help families manage their financial needs more easily during Ramadan.

Ahmad bin Sulaiman Al-Rajhi, the Saudi Minister of Human Resources and Social Development, expressed his gratitude to the leadership. He thanked them for their efforts to provide citizens with better living conditions. This initiative shows the government’s commitment to improving the quality of life for those who rely on social security.

The aid is part of Saudi Arabia’s broader efforts to improve the lives of its citizens. By offering financial assistance during Ramadan, the government aims to make life more comfortable for families. This initiative ensures that social security beneficiaries can enjoy a decent livelihood during this special time of the year.

The move highlights the government’s focus on the well-being of its citizens. It is an important step in ensuring that the people most in need have access to resources during Ramadan. The aid will also help ease the financial burden on families, allowing them to focus on the spiritual and communal aspects of the holy month.