Saudi Arabia pays some citizens £250 a month, with £1000 bonuses available. The kingdom plans to slash oil prices by 50% and triple its Value Added Tax.
Oh my god, the 50,000 members of the royal family might have to work!
What about all those oil billions Oh sorry, I forgot: it’s for the few, not the many 😠
Reality is they can't risk riots, but neither do the royal families want to lower their opulent lifestyle (can't have Princes slumming it can we?) so the nation takes a hit!
Saudi Arabia has been hurt so badly by covid-19's adverse economic fall out that it is having to abandon its statutory universal basic income provision. How will IFAD meets its commitments?
A man eats a bat in Wuhan and the saudis triple VAT and cancels benefits....
No more free monthly stipend for Saudi citizens, the Coronavirus is way too traumatic for capitalism.
So Wealth before Health.🤔
Nothing but disastrous.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi Arabia triples VAT as Covid-19 hits economyThe oil-rich kingdom's finances have been rocked after the pandemic forced down global energy prices. And nobody wants their oil and gas ⛽️ either Has MBS no competent economists? really counterproductive. SaudiEmbassyUSA
Source: BBCNews - 🏆 3. / 97 Read more »
Saudi Arabia triples VAT as Covid-19 hits economyThe oil-rich kingdom's finances have been rocked after the pandemic forced down global energy prices. And nobody wants their oil and gas ⛽️ either Has MBS no competent economists? really counterproductive. SaudiEmbassyUSA
Source: BBCNews - 🏆 3. / 97 Read more »
Global report: Covid-19 lockdown rules relax in European nations amid confusion in UKBoris Johnson criticised for vague blueprint; China reports more infections in Wuhan; Belgium and Greece also ease some measures LIKE I U HAVE MORE THAN 5INCH BE HONEST! 😜 No confusion. no collusion Obamagate Boris looks to Trump for guidance, no?
Source: The Guardian - 🏆 84. / 53 Read more »
Turkey unveils plan to revive tourism with health and hygiene certificatesWith safety measures and certificates of health, Turkey hopes to reassure travellers worried about Covid-19 Tourists all over the world have no money
Source: The Independent - 🏆 80. / 59 Read more »
Piers Morgan slams Boris Johnson's 'nonsense' lockdown plan as he returns to GMB‘We’ve all woken up this morning and no one’s really got a clue what we should now be doing' 🤷 Stay at home His job is moaning!🦇🦠🐍
Source: MetroUK - 🏆 13. / 82 Read more »
Earth satellite data will be examined to find answers to coronavirusNasa hosting virtual hackathon that invites participants to use satellite data to tackle Covid-19
Source: The Independent - 🏆 80. / 59 Read more »