Saudi Government Handouts
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Saudi Triples VAT, Halts Government Handouts In Austerity Drive: Report
Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in new austerity measures amid a coronavirus-led economic slump.
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Saudi Move To Ensure "Quality Of Living" Carries $13 Billion Price Tag
A package of handouts to Saudi Arabian citizens to compensate them for cost of living increases will cost the government about 50 billion riyals ($13.3 billion) this year, the information minister was quoted as saying on Sunday
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Saudi Triples VAT, Halts Government Handouts In Austerity Drive: Report
Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in new austerity measures amid a coronavirus-led economic slump.
-
Saudi Move To Ensure "Quality Of Living" Carries $13 Billion Price Tag
A package of handouts to Saudi Arabian citizens to compensate them for cost of living increases will cost the government about 50 billion riyals ($13.3 billion) this year, the information minister was quoted as saying on Sunday
