Saudi Arabia will not impose new taxes in 2018 - MoF

Riyadh - Mubasher: The Saudi public budget for 2018 will focus on expansion, development, and investment, according to the ministry of finance general director of the macro-fiscal policy unit.

However, the new budget, which is set to be revealed on Tuesday, will not include new reforms or taxes, Saad Al-Shahrani added in an interview with Al-Arabiya on Monday.

“It will also focus on capital and investment expenditure. The citizen and the private sector will have a big part of it and it will simulate the private sector,” he added.

Mubasher Contribution Time: 18-Dec-2017 16:57 (GMT)
Mubasher Last Update Time: 18-Dec-2017 16:57 (GMT)