142 governmental initiatives to mitigate financial, economic effects of consequences of Coronavirus

Wednesday 1441/11/17 - 2020/07/08
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Riyadh, July 08, 2020, SPA -- Governmental initiatives to support individuals, establishments, and investors contributed to alleviating the financial and economic effects of the novel Coronavirus pandemic (Covid 19), as part of the keenness of the government of the Custodian of the Two Holy Mosques to support citizens and affected sectors at this exceptional stage.
The initiatives taken by the Kingdom since the beginning of the pandemic reached 142 initiatives, with a total allocation exceeding 214 billion riyals, in addition to the program and initiatives of the Saudi Arabian Monetary Authority that amounted to 100 billion riyals, and what was allocated to the health sector with a value of 47 billion riyals.
The support did not stop at the launch stage last March, but at the beginning of this month, a Royal Order was issued approving the extension of a number of government initiatives in support of individuals, the private sector and investors.
About 659 thousand people benefited from the nine initiatives directed to the individual sector.
More information on the government initiatives, and how to benefit from them, visit the following link: https://initiatives.financialsector.gov.sa/Pages/default.aspx.
--SPA
01:09 LOCAL TIME 22:09 GMT
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