Citizen’s Account to release third monthly installment on Feb. 11

Saudi Arabia will release the third installment of the Citizen’s Account Program for registered beneficiaries on Feb. 11, according to the program’s official Twitter account

Last month, the Kingdom released SAR 2 billion in the first installment under the initiative for 82 percent of registered beneficiaries.

The second installment was paid out earlier in January.

The Citizen’s Account is a national cash-transfer program, aimed at protecting Saudi families from the direct and indirect impact of the government’s structural economic reforms through providing direct monetary allowances.