Citizen’s Account: SR1.8 bln Earmarked for May Beneficiaries

The Citizen Account Program deposited as much as SR1.8 billion for May subsidy’s beneficiaries, provided their applications have met the requirements.

Number of the entitled beneficiaries who met the requirement for 54th payment maturity batch, stood at 10.2 million.

Total compensations, retroactively paid, rose by SR17 million, compared to the last batch, raising to overall toll of the program payment paid for the entitled, since its very inception, to more than SR118 billion, including SR 1027 million, as compensation for previous payments.

About 76% of the beneficiaries have received subsidies within this batch, while the average single family subsidy rose to SR 1,065 against over 1.9 million heads of the family, constituting around 94% of 8.1 million beneficiaries.

For their part, the independent beneficiaries were more than 124 thousand, or about 6% of the total main beneficiaries.

On the other hand, the percentage of the heads of the family shot up to 92% against 8% for the housewives.