Details of the Citizen's Account support for March: 3 billion riyals
In a move reflecting the wise leadership's commitment to providing a dignified life for citizens, the Citizen Account SAR 3 billion today, allocated for March support payments to beneficiaries whose applications were complete. This payment, the 100th in the program's history, marks a significant milestone, demonstrating the continued government support for Saudi families. The number of beneficiaries meeting the eligibility criteria has reached over 9.7 million.
The Citizen Account journey: A strategic vision to protect Saudi families
To understand the vital importance of this support, it's essential to consider the historical context in which the Citizen Account. Launched in late 2017 as one of the most significant government initiatives linked to the Kingdom's Vision 2030, the program was founded with the primary objective of protecting Saudi families from the direct and indirect impacts anticipated from various economic reforms, such as adjustments to energy and water prices and the implementation of value-added tax (VAT). Since its inception, the program has demonstrated its high efficiency in directing government benefits to eligible groups, thereby enhancing the effectiveness of government support and ensuring it reaches those who truly need it.
Details of the 100th payment and average family support
The Director General of Communications for the Citizen Account Program, Mr. Abdullah Al-Hajri, explained important details regarding this exceptional payment. He indicated that the total amount disbursed by the program to beneficiaries since its inception until this payment has exceeded 271 billion Saudi riyals, a substantial figure reflecting the government's commitment. Of this amount, 2.8 billion riyals were allocated as compensation for previous payments to eligible recipients.
Regarding the current payment for March, 72% of registered beneficiaries received financial support. The average support per family was approximately 1,470 Saudi Riyals. Statistics also showed that the number of heads of households benefiting from the program in this payment exceeded two million, representing 86% of the total primary beneficiaries, while the number of their dependents exceeded 7.4 million, demonstrating the program's broad and comprehensive coverage.
The economic and social impact of the support program
Program's impact extends far The Citizen Account beyond providing temporary cash liquidity; it encompasses profound economic and social dimensions at both the local and regional levels. Locally, this monthly support plays a vital role in bolstering citizens' purchasing power, thereby stimulating commercial activity in local markets and supporting the national economy as a whole. It also serves as a robust social safety net, helping to reduce economic disparities between different segments of society and ensuring the stability of low- and middle-income families.
Regionally, the program is a pioneering and innovative model for managing and directing government support effectively and transparently, relying on the latest technologies and accurate data to identify beneficiaries. The continued disbursement of these billions monthly underscores the strength of the Saudi economy and its ability to balance comprehensive structural reforms with providing sustainable social welfare for its citizens.
