fter the decline in oil revenues, Saudi Arabia is trying to increase revenue from other sectors
Riyadh (power ruznamh24-Dec -2016) after a fall in oil revenues in Saudi Arabia kusanhy to increase revenue from other sectors. For this purpose it was decided to provide the private sector to Rs 200 billion rials (about 5300 billion) in order to promote investment and trade in other sectors outside the oil industry. Him for Saudi economy is being seen as a major step, the good effects will be found in the state. Being appreciated the important measure to improve the economy, the question is being raised that the private sector will be to provide 200 billion riyals from? The answer could be a problem for foreigners working in the kingdom. According to Arabian Business reported, although it is not yet final, but there are reports that once again, foreigners will be to raise billions of riyals into the trial. The companies pay the government 200 riyals per month for each foreign recruits more than Saudi citizens. This fee will be doubled by 2018 and by 2020 will reach 800 riyals per month. Similarly, based in the state will pay fee to the family and this fee will be increased gradually by 2020. These measures will lead to better employment opportunities for Saudi citizens, but will increase the problems for foreigners. The increase in fees paid to families will increase their financial difficulties.
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