Saudi Arabia to unveil private sector stimulus program tomorrow

13/12/2017 Argaam

 

Saudi Arabia will announce on Thursday details of the private sector stimulation plan, as part of the Kingdom's fiscal balance program, the Ministry of Culture and Information said.

 

The stimulus plan will be unveiled in presence of Majid Al-Qasabi, Minister of Commerce and Investment, and Fahad Al-Sukait, head of local content and private sector development unit.

 

The Kingdom was said to have allocated SAR 72 billion for the first phase of its stimulus packages to the private sector from 2018 to 2020, Argaam reported. 

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