Saudi Arabia allocates 5.33 bln USD against rising global prices


By Elydf

RIYADH, July 4 (Xinhua) -- Saudi Arabia announced on Sunday the allocation of 20 billion Saudi riyals (5.33 billion U.S. dollars) to cushion citizens from rising global prices.

The announcement came through an order by Saudi King Salman bin Abdulaziz Al Saud for families who might be affected, the Saudi Press Agency reported.

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