Thursday, 09 December 2021 03:01 GMT

Saudi decree demands payment to private sector after delay

(MENAFN) Saudi Arabia was revealed to have demanded an inventory of each overdue payment to the private sector.

State news agency SPA has reported the news, citing a royal decree which ordered immediate solution over major payments.

The decree is also to create a committee of which the trade and investment minister will lead.

The objective of establishing the committee is to have it investigate the source of the holdups, as well as finding solutions for quick repayments.


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