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Citizen’s Account Program (Saudi Arabia)
The Citizen's Account Program in Saudi Arabia is a cash transfer program that started in December 2017. The program is adopted and implemented by Ministry of Labor and Social Development (Saudi Arabia), The Ministry of Labor and Social Development. Through the programme, citizens in Saudi Arabia get monthly payments from the state. Saudi Arabia is doing National Transformation Programme 2020 (Saudi Arabia), many reforms to reduce the country's dependency on Saudi oil industry, oil revenues, but many of these reforms have overburdened some citizens. The Citizen's Account, which is a form of basic income, is designed to balance this up, to avoid burdening lower income families which would otherwise occur despite higher prices for oil, fuel and energy. This financial support comes as a response to the increase the costs of electricity and petrol as well as the imposing of VAT on many products. In December 2017, immediately before the programme began, more than 3.7 million households ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Labor And Social Development (Saudi Arabia)
The Ministry of Human Resources and Social Development (HRSD; ) is a government ministry in Saudi Arabia. It was established in 2019 after merging Ministry of Labour and Social Development with Ministry of Civil Service. It is responsible for community development, as well as overseeing labor affairs. The current Minister is Ahmed al-Rajhi who was appointed in June 2018. History The Ministry was established in 1961 under the name of the Ministry of Labor and Social Affairs. In 2004, The Ministry was separated into two independent ministries: the Ministry of Labor and the Ministry of Social Affairs. later, in 2015, the two ministers were merged into one ministry to become the Ministry of Labor and Social Development. In February 2020, a royal decree was issued to merge Ministry of Labour and Social Development with Ministry of Civil Service into a new ministry called Ministry of Human Resources and Social Development. The deputy minister for civil services at the Ministry of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Transformation Programme 2020 (Saudi Arabia)
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National Supermarket ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Oil Industry
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every major b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basic Income
Universal basic income (UBI) is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform Work (human activity), work. In contrast, a ''guaranteed minimum income'' is paid only to those who do not already receive an income that is enough to live on. A UBI would be received independently of any other income. If the level is sufficient to meet a person's basic needs (i.e., at or above the poverty line), it is considered a ''full basic income''; if it is less than that amount, it is called a ''partial basic income''. As of 2025, no country has implemented a full UBI system, but two countries—Mongolia and Iran—have had a partial UBI in the past. There have been Universal basic income pilots, numerous pilot projects, and the idea Universal basic income around the world, is discussed in many countries. Some have labelled UBI as utopian du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The World Factbook
''The World Factbook'', also known as the ''CIA World Factbook'', is a Reference work, reference resource produced by the United States' Central Intelligence Agency (CIA) with almanac-style information about the countries of the world. The official print version is available from the Government Publishing Office. The ''Factbook'' is available in website and downloadable formats. It provides a two- to three-page summary of the demography, demographics, geography, communications, government, economy, and military of 266 international entities, including List of countries by date of recognition of the United States, U.S.-recognized countries, dependencies, and other areas in the world. ''The World Factbook'' is prepared by the CIA for the use of Federal government of the United States, U.S. government officials, and its style, format, coverage, and content are primarily designed to meet their requirements. It is also frequently used as a resource for academic research papers and n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Intelligence Agency
The Central Intelligence Agency (CIA; ) is a civilian foreign intelligence service of the federal government of the United States tasked with advancing national security through collecting and analyzing intelligence from around the world and conducting covert operations. The agency is headquartered in the George Bush Center for Intelligence in Langley, Virginia, and is sometimes metonymously called "Langley". A major member of the United States Intelligence Community (IC), the CIA has reported to the director of national intelligence since 2004, and is focused on providing intelligence for the president and the Cabinet. The CIA is headed by a director and is divided into various directorates, including a Directorate of Analysis and Directorate of Operations. Unlike the Federal Bureau of Investigation (FBI), the CIA has no law enforcement function and focuses on intelligence gathering overseas, with only limited domestic intelligence collection. The CIA is responsibl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Saudi Arabia
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranteed Minimum Income
Guaranteed minimum income (GMI), also called minimum income (or mincome for short), is a social-welfare spending, welfare system that guarantees all citizens or families an income sufficient to live on, provided that certain eligibility conditions are met, typically: citizenship and that the person in question does not already receive a minimum level of income to live on. The primary goal of a guaranteed minimum income is poverty reduction, reduction of poverty. Under more unconditional requirements, when citizenship is the sole qualification, the program becomes a ''universal basic income'' (UBI) system. Unlike a guaranteed minimum income, UBI does not typically take into account what a recipient already earns before receiving a UBI. A form of guaranteed minimum income that considers income as a criterion is the negative income tax. In this system, only individuals earning below a certain threshold receive subsidies. Elements A system of guaranteed minimum income can consist of s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Basic Income
Universal basic income (UBI) is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform Work (human activity), work. In contrast, a ''guaranteed minimum income'' is paid only to those who do not already receive an income that is enough to live on. A UBI would be received independently of any other income. If the level is sufficient to meet a person's basic needs (i.e., at or above the poverty line), it is considered a ''full basic income''; if it is less than that amount, it is called a ''partial basic income''. As of 2025, no country has implemented a full UBI system, but two countries—Mongolia and Iran—have had a partial UBI in the past. There have been Universal basic income pilots, numerous pilot projects, and the idea Universal basic income around the world, is discussed in many countries. Some have labelled UBI as utopian du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
