FINANCE MINISTER MOHAMMED ABDULLAH AL-JADHAAN HAS SAID THAT THE LEVY WOULD BE WAIVED FOR THREE MONTHS FOR THOSE WHO EXPIRE IN SAUDI ARABIA FROM TODAY.
IN ADDITION, THE FINANCE MINISTER TODAY ANNOUNCED A NUMBER OF MEASURES TO PROVIDE RELIEF TO PEOPLE WHO ARE STRUGGLING WITH THE RESTRICTIONS IMPOSED ON CORONA EXPANSION.
FOR THOSE UNABLE TO TRAVEL AFTER RE-ENTRY VISA STAMPING, RE-ENTRY WILL BE RENEWED FOR THREE MONTHS. THIS CAN BE DONE DIRECTLY TO THE SPONSOR.
EMPLOYERS MAY RETURN THE MONEY FOR A NON-STAMPED WORK VISA TO SAUDI ARABIA, GIVING THEM AN ADDITIONAL THREE MONTHS TO STAMP.
HE WAS ALSO GIVEN THREE MONTHS TIME TO PAY ZAKAT AND VALUE ADDED TAX. IN ADDITION, THE GOVERNMENT HAS ANNOUNCED A PACKAGE OF 120 BILLION RIYAL FOR SMALL AND MEDIUM ENTERPRISES INCLUDING A PACKAGE OF 70 BILLION RIYAL.
THE BANK AND BALADIA HAVE ALSO BEEN EXTENDED FOR THREE MONTHS. A COMMITTEE HAS BEEN SET UP UNDER THE CHAIRMANSHIP OF THE FINANCE MINISTER FOR LENDING MATTERS.
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