Unemployment among Saudi Arabian citizens fell to 11.8% in the first quarter of 2020 from 12% the previous quarter, figures released on Tuesday showed. The rate fell from 12.5% in the first quarter of 2019.
In other news, Saudi Arabia spent more than SR214 billion ($57 billion) on 142 initiatives to tackle the impact of the coronavirus in the Kingdom. Initial measures undertaken by the government to provide a buffer were followed up by a royal decree this month to extend the support to the public and private sectors and to investors.
To read about this and more of the week’s news from the Kingdom, click here.
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