Saudi Arabia reinstated financial allowances for civil servants and military personnel on Saturday after better-than-expected budget figures, ending unpopular cuts to a key perk triggered by low oil prices and cheering the stock market.

The king issued a royal decree restoring “all allowances, financial benefits, and bonuses” following calls for protests in four Saudi cities over the weekend, adding a two-month salary bonus for forces fighting in the kingdom’s intervention in Yemen.

The Saudi share index gained 1.0 percent on Sunday, buoyed by expectations of a positive impact from higher disposable incomes on consumer sectors like retail and food.

In September, Saudi Arabia cut ministers’ salaries by 20 percent and scaled back perks for public sector employees in one of the energy-rich kingdom’s most drastic measures to save money after tumbling oil prices.

The measures were the first pay cuts for government employees, who make up about two-thirds of working Saudis, and prompted complaints about the impact of austerity on ordinary Saudis.

Under the Twitter hashtag “April 21 movement,” Saudis circulated statements last week demanding the reinstatement of benefits, a halt to the sale of shares of state oil giant Aramco, a constitutional monarchy and the restoration of the powers of the religious police.

Security forces lined the streets of central Riyadh over the weekend, although no demonstrations appeared to materialise.

Improving fiscal position

The decree said the cuts had come as a response to the sharp drop in the price of oil, which sank to a low of around $28 last year. Prices have rebounded since late 2016, with Brent crude now trading around $52 a barrel compared to last year’s average of $45.

Minister of State Mohammed Alsheikh said Deputy Crown Prince Mohammed bin Salman recommended the change after better-than-expected budgetary performance in the first quarter of 2017.

“The government has conducted a review of the measures initiated in the fall in relation to the public-sector employees’ allowances,” Alsheikh said in a statement provided to Reuters.

“A number of fiscal adjustment measures were taken over the last two years which led to a strong improvement in the government’s fiscal position.”

Alsheikh and other key officials highlighted trends pointing to economic recovery.

The central bank governor said the trade deficit was expected to drop in 2017, possibly moving into a surplus, while the deputy economy minister said the kingdom had reduced its deficit in the first quarter of the year by more than half, in part because of prudent management of government spending.

“We believe this move will boost positive sentiment as domestic demand recovers on the back of enhanced government employees’ disposable income,” said Alsheikh.

In a further concession to low-income Saudis, the central bank instructed banks to maintain the current favourable terms of consumer and property loans, having ordered their rescheduling in the fall to aid Saudis affected by the cuts.