Huge salary cuts for employees in Saudi Arabia public sector

  JEDDAH – Public sector employees in Saudi Arabia can expect wage cuts of 40 percent as part of a major economic plan approved this week. The reductions are part of the National Transformation Programme (NTP) approved by the Saudi cabinet on Monday. The NTP is part of Saudi Arabia's 2030 plan aimed at diversifying the country's heavily oil-reliant sources of income. However, Saudi Arabia is planning to generate 450,000 new jobs in the private sector by 2020.