In light of the Royal Decree no. (2022/1) ratifying the State’s General Budget for the Fiscal Year (FY) 2022, the guide to State’s General Budget for FY 2022 presents the key financial indicators for 2021, and 2022 Budget estimates. The 2022 Budget has been prepared amid several challenges arising from the persistent consequences of the COVID-19 pandemic.
Friday, 7 May, 2021 - 04:15 Saudi Arabia’s Crown Prince Mohammed bin Salman - Asharq Al-Awsat Riyadh - Asharq Al-Awsat Saudi Arabia’s Crown Prince Mohammed bin Salman made a donation of SR100 million ($26.6 million) to charities and prisoners jailed over financial crimes, the Saudi Press Agency (SPA) reported on Thursday.
The sum will be split in two categories, with SR87 million to be disbursed to support 29 charities in all regions of the Kingdom within the next few days, while SR13 million will be allocated to paying the debts of more than 150 insolvent prisoners to be released and returned to their families on Thursday.
RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman is to donate SR100 million ($26.6 million) to charity and paying off debts of those imprisoned for financial crimes, Saudi Press Agency (SPA) reported on Thursday.
The sum will be split in two, with SR87 million to be distributed to support 29 charities in all regions of the Kingdom within the next few days, while SR13 million will be allocated to paying the debts of more than 150 insolvent prisoners to be released and returned to their families on Thursday.
The move comes under the umbrella of the Sanad Mohammed Bin Salman Social Enterprise Program to support the charitable services of eight groups, including women’s charitable societies, as well as charities for people with disabilities, cancer care, care of widows and divorcees, orphan care, Down Syndrome, health services, and care of the elderly.