Instruction
1. Summarizing
Instructions: The following passage is from an original document. Read the passage. Identify the key details and summarize the passage in the given box in 35 words.
Remember: A summarized passage only gives the main details and can be as small as one sentence. A citation is necessary in every summary.
2. Paraphrasing
Instructions: Paraphrase paragraph 1 in the given box.
Remember, a paraphrased passage should be about the same size as the original. A citation is necessary when paraphrasing.
TEXT:
Source: Arab News, Monday. June 08, 2020
Saudi Arabia allocates SR50 billion for private sector support
JEDDAH: Saudi Arabia has allocated SR50 billion to support the private sector as part of its package of initiatives approved by King Salman on Wednesday aimed at mitigating economic repercussions from the coronavirus disease (COVID-19).
The package targets small and medium-sized enterprises (SMEs) and economic activities that have been most affected by the pandemic.
It also included obligating companies in which the state owns more than 51 percent of its capital to give preference to the local market and direct their offers and purchases to the benefit of SMEs. This reform has been introduced to improve economic movement in the local market and direct demand towards local products and services.
Moreover, electricity consumers in the commercial, industrial and agricultural sectors will receive a 30 percent discount on April and May bills, with the possibility to extend the discount period if necessary.