Friday, March 18, 2011

Saudi king orders billions of dollars in handouts

Saudi Arabia's King Abdullah (centre, seated) is greeted by a Saudi officer on his arrival at Riyadh airport February 23, 2011

Saudi Arabia’s King Abdullah today ordered the handout of billions of dollars in benefits to Saudi citizens and created more domestic security jobs in an attempt to insulate the top oil exporter from regional unrest.

The king made a brief statement congratulating Saudis for their loyalty, national unity and facing the enemies of religion before his decrees were read out live on Saudi television.

The benefits range from monthly payouts for the unemployed to building 500,000 new homes and spending on healthcare.

In addition, the king ordered the creation of 60,000 new security jobs within the interior ministry. As well, the king decreed that media must respect clerics or face penalties.

0 comments:

Today Top Recent Posts Here.


Blogger Widgets
Related Posts with Thumbnails

Entertainment News