(MENAFN- Saudi Press Agency)
Riyadh, Rabi'II 24, 1438, January 22, 2017, SPA -- Responding to a question on social media reports recently being circulated that the Kingdom of Saudi Arabia is considering a proposal to impose government fees on financial transfers to outside the country, an official spokesman of the ministry of finance denied the report, confirming that the Kingdom has no such plans.
He explained that the Kingdom is committed to the principle of freedom of money flow, including transfers to and from the Kingdom as per the international trends in this regard.
--SPA
18:54 LOCAL TIME 15:54 GMT
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.