Saudi Citizens Account program expanded to include students and 24-year-olds at home

Saudi Citizens Account program expanded to include students and 24-year-olds at home
Updated 05 October 2017
Follow

Saudi Citizens Account program expanded to include students and 24-year-olds at home

Saudi Citizens Account program expanded to include students and 24-year-olds at home

JEDDAH: The Saudi Citizens Account program has announced that 24-year-olds still living at home will be able to hold their own account, independent of their parents – according to Sabq.

The cash transfer scheme, which was set up to protect Saudi families from the impact – both direct and indirect - of the government’s structural economic reforms, sees financial allowances paid directly to individuals.

The extension of the program – that will also include students living in dorms – is now ready and recipients soon start receiving the first payments of the allowances.