Saudi Finance Minister: “No Plan To Change Expat Fee Policy”

Saudi Arabia will keep its strategy of imposing fees on expat workers notwithstanding complaints from business however is available to rethinking them if there's a monetary need, Economy and Planning Minister Mohammed Al Tuwaijri said on Wednesday.

The government charges expenses for employing exiles and getting visas for their wards, and they are because of ascend one year from now as a major aspect of a strategy to support the enlisting of neighborhood natives in inclination to nonnatives.

The private sector has lobbied for the fee rises to be delayed. Fuel costs are inspected consistently, however there is no goal to increment other vitality costs in 2019, Jadaan included.Under previously announced policy, domestic prices of fuels including gasoline, diesel and kerosene may be raised in 2019.

In the mean time, Saudi Arabia's economy minister said five sectors are set up for privatization in the principal quarter of 2019. The remarks by Mohammed al-Tuwaijri came multi day after the administration declared a $295bn spending plan, the kingdom's greatest ever.