Saudi Arabia has backtracked on cuts to public sector perks made six months ago. It has now reinstated “all the financial allowances, benefits and bonuses to civil servants and military personnel” from May after better-than-expected budget figures.
In several royal decrees issued on 22 April King Salman of Saudi Arabia announced his decision to reverse the September 2016 austerity measures which cut out state benefits to the public sector in a bid to streamline the budget deficit (MEES, 30 September 2016). (CONTINUED - 1066 WORDS)
