Citizen Account deposits SAR 3.4B for eligible beneficiaries in May

09/05/2024 Argaam
Logo ofCitizen Account Program

Logo of Citizen Account Program


The Citizen Account Program started today, May 9, depositing SAR 3.4 billion into the accounts of eligible beneficiaries for the current month.

 

The total number of eligible beneficiaries under the 78th installment reached 10.8 million, the program said in a statement, adding that 74% of those eligible received the required support.

 

The total support granted to beneficiaries by the program reached SAR 202 billion, including SAR 2.6 billion in compensation for retroactive amounts, as the following table shows:

 

Total Support Payments by Citizen Account Program

Installment

Value (SAR bln)

Number of beneficiaries (mln)

1

2.0

10.6

2

2.1

11.0

3

2.2

11.6

4

2.2

11.9

5

2.3

12.2

6

2.4

12.3

7

2.4

12.5

8

2.3

11.9

9

2.3

12.0

10

2.3

12.0

11

2.4

12.3

12

2.4

12.1

13

2.4

12.3

14

2.4

12.3

15

2.4

12.4

16

2.5

12.5

17

2.5

12.5

18

2.5

12.3

19

2.5

12.4

20

2.6

12.4

21

2.6

12.5

22

2.6

12.5

23

2.6

12.6

24

2.6

12.6

25

2.6

12.7

26

2.6

12.7

27

2.6

12.6

28

2.7

12.7

29

2.3

12.5

30

2.2

12.0

31

1.7

12.0

32

1.7

10.7

33

1.8

10.7

34

1.9

10.7

35

1.8

10.4

36

1.8

10.6

37

1.8

10.7

38

1.9

10.7

39

1.9

10.7

40

1.9

10.5

41

1.9

10.4

42

1.9

10.4

43

1.9

10.5

44

1.9

10.5

45

1.9

10.5

46

1.9

10.5

47

1.9

10.5

48

1.9

10.5

49

1.9

10.5

50

1.9

10.4

51

1.9

10.4

52

1.8

10.2

53

1.8

10.3

54

1.8

10.2

55

1.8

10.2

56

3.1

10.2

57

3.6

10.9

58

3.2

10.1

59

3.3

10.2

60

3.5

11.1

61

3.6

11.2

62

3.6

11.1

63

3.6

11.2

64

3.7

11.2

65

3.7

11.1

66

3.6

11.1

67

3.7

11.2

68

3.7

11.2

69

3.7

11.2

70

3.7

11.3

71

3.4

10.7

72

3.4

10.7

73

3.4

10.8

74

3.4

10.8

75

3.4

10.8

76

3.3

10.4

77

3.4

10.7

78

3.4

10.8

 

In July 2023, a royal directive extended the Citizen Account Program with enhanced criteria for better support efficiency and wider reach. Accordingly, registration continues, along with three more months of additional financial support for beneficiaries, until December 2024, according to data compiled by Argaam.

 

The step came in continuation of the royal directive issued in July 2022 to provide additional financial support to beneficiaries of the Citizen Account Program until 2022-end.

 

This is in addition to royal directives in January and April 2023 to extend the program, provide additional support, and keep registration open for potential beneficiaries until July 2023, under the previously announced controls.

 

Another directive also entailed the extension of the current Citizen Account Program and granted temporary additional support to beneficiaries for two more months until September 2023, before being extended until December 2023.

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