Ministry of Municipal Affairs gets approval to deduct 2.5% of Idle Lands Program fines to cover operating costs

22/07/2022 Argaam
Idle Lands Program logo

Idle Lands Program logo

The Ministry of Municipal, Rural Affairs and Housing was allowed by Saudi authorities to deduct up to 2.5% of the Idle Lands Program fines and penalties to cover the program’s operating costs for three years, Almadina newspaper reported.

 

The deductions will be debited to the Ministry of Finance’s current account with Saudi Central Bank (SAMA).

 

The decision was taken after the ministry filed an application to the Ministry of Finance in this regard.

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