Saudi Arabia has taken another significant step toward modernizing its public finance framework with the Cabinet’s approval of the updated State Revenues Law. The approval marks an important milestone in the Kingdom’s ongoing efforts to strengthen the governance of government revenues, enhance the efficiency of their management, and advance the broader objectives of fiscal sustainability and financial discipline. The new framework goes beyond ensuring the timely collection of government dues.
Saudi revenue law ushers in new era of fiscal discipline
The Cabinet meeting chaired by Crown Prince Mohammed bin Salman (SPA)
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Saudi Arabia has taken another significant step toward modernizing its public finance framework with the Cabinet’s approval of the updated State Revenues Law.
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