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    Saudi Arabia allocates $5 billion to tackle rising prices

    Synopsis

    Half of the allocated money will go to social insurance beneficiaries and the Citizen Account Program, it said.

    Saudi Arabia HajjAP
    The Saudi king has ordered the allocation of 20 billion riyals ($5.33 billion) to tackle the effects of the rising global prices, state news agency SPA reported on Monday.

    Half of the allocated money will go to social insurance beneficiaries and the Citizen Account Program, it added.


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