{"id":3568,"date":"2020-04-17T14:09:25","date_gmt":"2020-04-17T14:09:25","guid":{"rendered":"https:\/\/saudiexpatriate.com\/?p=3568"},"modified":"2020-04-17T14:09:25","modified_gmt":"2020-04-17T14:09:25","slug":"king-salman-issues-sr50-billion-to-mitigate-economic-impact","status":"publish","type":"post","link":"https:\/\/saudiexpatriate.com\/king-salman-issues-sr50-billion-to-mitigate-economic-impact\/","title":{"rendered":"King Salman issues SR50 Billion to mitigate Economic Impact"},"content":{"rendered":"<p>King Salman the custodian of Two Holy mosques have ordered a new package of SR 50 Million to mitigate the economic impact of COVID-19 to the kingdom&#8217;s economy<\/p>\n<p>An allocation of SR50 Billion was provided to expedite the payment of dues from private sector.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-expand=\"600\" class=\"lazyload wp-image-3569 aligncenter\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 765 431'%2F%3E\" data-src=\"https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg\" alt=\"King Salman SR50 Billion to mitigate Economic Impact-SaudiExpatriate.com\" width=\"765\" height=\"431\" \/><\/p>\n<p style=\"text-align: center;\"><strong>King Salman issues SR50 Billion to mitigate Economic Impact<\/strong><\/p>\n<p>This initiation shows the concern of King towards private sector companies in this pandemic situation which will slowdown their productivity as well as impact Saudi Arabia&#8217;s economic growth.<\/p>\n<p>This package will provide a financial support and relief to private companies who are struggling to pay their dues.<\/p>\n<p>The package will help small &amp; medium businesses which are most affected by Coronavirus.<\/p>\n<p>30% discount on April &amp; May electricity bills for commercial, industrial and agricultural sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>King Salman the custodian of Two Holy mosques have ordered a new package of SR 50 Million to mitigate the economic impact of COVID-19 to the kingdom&#8217;s economy An allocation [&hellip;] <a class=\"g1-link g1-link-more\" href=\"https:\/\/saudiexpatriate.com\/king-salman-issues-sr50-billion-to-mitigate-economic-impact\/\">More<\/a><\/p>\n","protected":false},"author":1,"featured_media":3569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2],"tags":[5466],"adace-sponsor":[],"class_list":{"0":"post-3568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saudi-arabia-news","8":"tag-saudi-arabia-economic-impact"},"uagb_featured_image_src":{"full":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",840,473,false],"thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_-150x150.jpg",150,150,true],"medium":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_-300x169.jpg",300,169,true],"medium_large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_-768x432.jpg",662,372,true],"large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",662,373,false],"bimber-grid-xs":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",170,96,false],"bimber-grid-xs-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",341,192,false],"bimber-grid-standard-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",726,409,false],"bimber-list-s":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",265,149,false],"bimber-list-s-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",531,299,false],"bimber-grid-2of3":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",758,427,false],"menu-24x24":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",24,14,false],"menu-36x36":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",36,20,false],"menu-48x48":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",48,27,false],"web-stories-poster-portrait":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",640,360,false],"web-stories-publisher-logo":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",96,54,false],"web-stories-thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",150,84,false],"bimber-grid-standard":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/04\/King-Salman-SR50-Billion-to-mitigate-Economic-Impact-SaudiExpatriate.com_.jpg",364,205,false]},"uagb_author_info":{"display_name":"shafprince","author_link":"https:\/\/saudiexpatriate.com\/author\/shafprince\/"},"uagb_comment_info":0,"uagb_excerpt":"King Salman the custodian of Two Holy mosques have ordered a new package of SR 50 Million to mitigate the economic impact of COVID-19 to the kingdom&#8217;s economy An allocation [&hellip;] More","wps_subtitle":"","_links":{"self":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/3568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/comments?post=3568"}],"version-history":[{"count":0,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/3568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media\/3569"}],"wp:attachment":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media?parent=3568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/categories?post=3568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/tags?post=3568"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/adace-sponsor?post=3568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}