SAUDI ARABIA

Saudi Finance Minister: No plan to change expat fee policy, fuel prices reviewed regularly

December 19, 2018

RIYADH — Saudi Arabia has no intention of changing its policy on expat fees, Finance Minister Mohammed Al-Jadaan told a post-budget news conference on Wednesday.

The government charges fees for hiring expatriates and obtaining visas for their dependents, and they are due to rise next year as part of a policy to encourage hiring of local citizens in preference to foreigners. The private sector has lobbied for the fee rises to be delayed.

Fuel prices are reviewed regularly, but there is no intention to increase other energy prices in 2019, Jadaan added.

Under previously announced policy, domestic prices of fuels including gasoline, diesel and kerosene may be raised in 2019. — Reuters


December 19, 2018
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