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Saudi minister says no more tax, fees in 2020

Saudi minister says no more tax, fees in 2020
Saudi Minister of Finance, Mohammed Al Jadaan

Riyadh – Mubasher: The Saudi government will not introduce new tax or additional duties during 2020, according to the Saudi Minister of Finance, Mohammed Al Jadaan.

The minister's remarks came on Tuesday during his participation at the 2020 Budget Forum, which is organized by the Saudi Ministry of Finance.

Al Jadaan stressed that the Kingdom will not consider any additional tax before examining their respective social and economic effects on businesses, the economy's competitiveness, as well as the impact on exports and imports.