More than 1 million Saudis on unemployment benefit
More than 1 million Saudi Arabians are now receiving unemployment benefit, the labour ministry said today, underlining a source of potential discontent that the rulers of the world’s top oil exporter are keen to contain.
The ‘Hafiz’ programme, which pays unemployed Saudis 2,000 riyals ($533) a month for up to one year, was
announced by King Abdullah during the Arab uprisings last spring and introduced in late 2011.
‘The number of beneficiaries this month rose by 40 percent from last month and by 170 percent from December