Front Page

King Salaman of Saudia Arabia Reinstates Bonuses and Special Allowances for Public Sector

King Salman of Saudi Arabia has reinstated bonuses and special allowances for civil servants and military personnel that had been cut in September 2016 as part of austerity measures when oil revenues were low.

King Salman bin Abdulaziz Al Saud fired his civil service minister and put him under investigation for abuse of office.

The king also named his son Prince Khalid as new ambassador to Washington.

King Salman’s decrees saw a new national security centre created under the Royal Court.

Photo Getty Images

He also ordered two months extra salary be paid to frontline military personnel taking part in Saudi-led operations in Yemen.

Prince Khalid is a fighter pilot who has trained in the US and carried out air strikes against ISIS in Syria.

The decree said the pay cuts for ministers and government employees – the first in Saudi Arabia, where about two-thirds of working Saudis are employed in the public sector – had been in response to falling oil prices, which sank to a low of $28 a barrel in January 2017.

The oil price has since risen to about $52 a barrel and ministers said budgetary performance had been better than expected in Q1 of 2017.

Under the cuts, ministers had their salaries reduced by 20% and housing and car allowances for members of the advisory Shura Council were cut by 15%.

Wage increases for lower-ranking civil servants were suspended, and overtime payments and annual leave capped.

Salaries and allowances accounted for 45% of government spending in 2015, or $128 billion, and contributed to a record budget deficit of $98 billion.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago