How to avoid falling back into poverty in Morocco
By Kate O’Connell/Business Insider Business Insider staffIn Morocco, people are desperate for change, especially in a country that has seen its economy collapse on the back of an oil price drop.
But that’s where the Saudi government comes in.
In an attempt to help those who have been forced to live on less, the kingdom has stepped up its aid to the poor in the kingdom.
As of January 2019, Saudi Arabia had spent $1.1 trillion on aid to countries affected by the economic downturn, according to the World Bank.
In fact, Saudi spending on social welfare is so large that it’s nearly double what the United States spends per capita on healthcare, according the Brookings Institution.
The World Bank’s Economic Freedom of the World Index ranks the country first for human rights, and it’s an indicator that the kingdom does not always adhere to international standards.
But the country is taking drastic measures to help the poor, such as offering $5 billion to assist the impoverished in the face of drought, the World Economic Forum reported.
Saudi Arabia’s King Salman bin Abdulaziz Al Saud has said that Saudi Arabia is working to “make life for everyone better in all its aspects.”