The Saudi Citizens Account program has announced that 24-year-olds still living at home will be able to hold their own account, independent of their parents – according to Sabq.
The cash transfer scheme, which was set up to protect Saudi families from the impact – both direct and indirect - of the government’s structural economic reforms, sees financial allowances paid directly to individuals.
The extension of the program – that will also include students living in dorms – is now ready and recipients soon start receiving the first payments of the allowances.