SAUDI TRIPLES VAT, SUSPENDS HANDOUTS AMID VIRUS-LED ECONOMIC SLUMP
Mon 11 May 2020: Saudi Arabia announced on Monday new measures to mitigate the economic impact of the coronavirus, through reducing expenditure by 100 billion riyals ($26.6 billion). This will be achieved through the cancellation and postponement of some items of operational and capital expenditure, as well as the reduction of some allocations for the realization […]
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