Saudi Arabia: $933m set aside to cover salaries of private sector staff during COVID-19
06 July 2020; MEMO: Saudi Arabia has set aside 3.5 billion riyals ($933 million) to support 480,000 of its citizens working in the private sector and who are struggling as a result of uncertainty stemming from the coronavirus.
The Governor of the General Organisation for Social Insurance (GOSI), Sulaiman Al-Gwaiz, said in a statement yesterday that the initiative to support workers in the private sector comes within government initiatives to mitigate the financial and economic burdens caused by the pandemic.