RIYADH: Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim on Thursday met the Secretary-General of the World Customs Organization Kunio Mikuriya on the sidelines of the Zakat, Tax, and Customs Conference in Riyadh. During the meeting, they discussed cooperation opportunities between Saudi Arabia and the organization, in addition to other issues of mutual
RIYADH: Combating the shadow economy is key to meeting rising spending demands, according to the International Head of Economics at BNP Paribas Bank Marcelo Carvalho. Speaking during a panel discussion on the first day of the Zakat, Customs, and Tax conference in Riyadh, Carvalho noted that addressing the shadow economy can help boost tax revenues. When taxes are high and the
“Under Saudi Vision 2030, we have been focusing on detaching ourselves from traditional sources of revenue, with our economic diversification, to think about more long-term sustainable revenue generation, but also diversifying our sources of growth.” Faisal F. Alibrahim said.
RIYADH: Saudi Arabia’s Ministry of Economy and Planning has joined the World Economic Forum’s Jobs Consortium at the WEF annual meeting in Davos, as part of its efforts to develop the Kingdom’s labor force under Vision 2030. The Jobs Consortium is a union of world-class leaders with the unilateral vision of developing job creation and job transitions to reach a more promising
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