Saudi Arabia’s King Abdullah promises $36 billion in benefits - CSMonitor
Middle East • February 2011 • Views: 606
As other leaders across the Middle East scurry to appease discontented citizens, the king introduced 19 new measures estimated to cost 135 riyals ($36 billion), according to John Sfakianakis, chief economist of Banque Sausi Fransi. The measures address inflation and housing, expand social security benefits, and ease unemployment and education costs – two areas of particular concern to Saudi youths.
Pocket change.