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Saudi king announces new benefits

King Abdullah is taking preemptive action in an attempt to quell any future unrest in Saudi Arabia by announcing  $10.7 billion in pay raises, job creation and loan forgiveness.  This Al-Jazeera article reports on this new initiative announced as Abdullah returned to the kingdom after 3 months away for medical treatment.  As part of this plan, state employees will receive a raise of 15% and money will be made available for housing loans.  While unrest is not expected to occur, the country has issues with high unemployment rates and housing.  Only time will tell if these newly announced benefits can improve the life of the average Saudi.

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