Last month, Saudi Finance Minister Mohammed Al-Jadaan unveiled a 120 billion riyal ($32 billion) stimulus package to shore up the Middle East’s largest economy, including 70 billion riyals set aside to help businesses.
“Instead of terminating the employment of a Saudi citizen, the employer has the right to ask social insurance to disburse as compensation 60 percent of his salary over a period of three months, with a maximum limit of nine thousand riyals (per employee) and with a total value of up to 9 billion riyals,” the state-run Saudi Press Agency reported, citing a royal order.
Saudi Arabia has confirmed a total of 2,039 cases and 25 deaths, the health ministry said on Friday.
The kingdom’s number of confirmed cases and deaths are the highest among Gulf Cooperation Council states.
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