Friday 19 January 2018

Saudi economy set for sustainable revenue boost: Fitch | ZAWYA MENA Edition

Saudi economy set for sustainable revenue boost: Fitch | ZAWYA MENA Edition:

"Recent fiscal measures in Saudi Arabia will prompt a sustainable rise in government revenues, Fitch Ratings said. Revenues in 2018 may also get a one-off boost from settlements with wealthy individuals following the anti-corruption campaign launched in November, the ratings agency said in a report released on Thursday. However Fitch noted that the value and use of the receipts has not been officially confirmed and they are not included in official budget projections. "



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