SAMA says no deductions from cost of living allowances

22/02/2018 Argaam

 

The Saudi Arabian Monetary Authority (SAMA), the Kingdom central bank, directed all banks not to deduct any installments from the cost-of-living allowances recently granted by King Salman for any legal reasons.

 

The central bank urged Saudi banks to lift legal seizures on these allowances, SAMA said in a statement.

 

In January, the Saudi monarch ordered payment of a monthly cost of living allowance at SAR 1,000 for the government staff and military personnel for one year, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read