• Exchange Rate

    Tuesday, October 4, 2016

    84 Years After, Saudi Adopts Gregorian Calendar


    Eighty-four years after using the lunar-based Hijri calendar, the Kingdom of Saudi Arabia, on October 1, switched to the "Western" Gregorian calendar for payment of civil servants.

    The kingdom founded in 1932, is adopting the calendar in one of a number of financial reforms and cost cutting measures announced by the oil-rich Kingdom at the weekly cabinet meeting chaired by King Salman Bin Abdul Aziz.

    Consequently, civil servants will lose 11 days of payment as salary days are cut, bringing the nation’s public sector in line with the way private sector employees are paid, according to reports quoting Gulf News. 

    The Islamic lunar calendar comprises of 12 months, each 29 or 30 days long depending on the sighting of the moon, with the year usually 354 days long - 11 days shorter than its Western equivalent.

    Also, bonus payments for state employees have been been cancelled, pay rise is suspended and allowances curbed for public-sector employees.

    Also, according to royal decrees and a cabinet statement published by state media, ministers are taking a 20 per cent salary slash, just as those of members of a legislative body advising the monarchy have been cut by 15 per cent.

    Also in view of the fall in oil price, perks for senior officials were also scaled back, as the government is no longer to provide cars for senior state officials for their next financial year. 


    Beyond these austerity measures, ministers will now pay fees for their fixed and mobile phones at the start of the next Islamic year also as part of moves to reduce the growing budget deficit arising from weak oil prices.

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