Saudi Arabia approves updated State Revenues Law to strengthen fiscal governance ...Saudi Arabia

ٍٍٍSaudi Gazette - News
Saudi Arabia approves updated State Revenues Law to strengthen fiscal governance
source : ٍٍٍSaudi Gazette ( Saudi Arabia ) () 97
JEDDAH — The Saudi Cabinet approved the updated State Revenues Law during its session held on Tuesday, marking a key step toward strengthening the governance of government revenues and enhancing fiscal sustainability. Minister of Finance Mohammed Al-Jadaan said the law will improve the efficiency of government revenue management by enabling government entities to strengthen revenue estimation mechanisms, increase compliance with the payment of government dues, and streamline collection procedures and the settlement of government debts while balancing efficient collection with consideration of taxpayers' circumstances. The updated law forms part of the Kingdom's ongoing efforts to develop its financial system by enhancing the efficiency of government revenue management, reinforcing the principles of governance and transparency, and keeping pace with Saudi Arabia's economic and administrative transformation objectives of Saudi Vision 2030. It also establishes clear roles and responsibilities for the relevant government entities, develops mechanisms for estimating revenues over the medium and long term to support financial planning and improve the reliability of revenue forecasts, and introduces procedures for collecting government receivables. In addition, the law regulates payment and installment mechanisms under specific controls to strengthen fiscal discipline and improve the efficiency of the Kingdom's financial resource management.

Hence then, the article about saudi arabia approves updated state revenues law to strengthen fiscal governance was published today ( ) and is available on ٍٍٍSaudi Gazette ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia approves updated State Revenues Law to strengthen fiscal governance )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News
‘Below Deck’ Alum Calls Out Bravo Casting After Nathan Gallagher Arrest Warrant: ‘This Has Got to Change’
Parade - before 7 hours & 6 minute
Quote of the Day: More Than 100 Years Ago, the ‘Father of American Psychology’ Had a Fascinating Theory About How Your Friends Shape Your World
Parade - before 10 hours & 59 minute
2007 Sara Bareilles Song, Written When Record Label ‘Asked for a Hit,’ Became a Timeless Radio Favorite
Parade - before 8 hours & 21 minute
‘Wildwood’ and ‘Ray Gunn’ to World Premiere at London Film Festival as ‘Ink,’ ‘Club Kid,’ ‘Bunker,’ ‘La Bola Negra,’ ‘Wild Horse Nine’ and More Join Lineup
Variety - before 8 hours & 45 minute
‘Dancing with the Stars’ Season 35 Cast Revealed: Giada De Laurentiis, Jenna Dewan and Julia Stiles to Compete
Parade - before 6 hours & 37 minute
Shoppers Comfortably Walked All Day In These ‘Adorable’ Pointed-Toe Flats With No Break-In Required, Now Under $30
Parade - before 6 hours & 51 minute
Unforgettable 1977 AM Radio Smash, ‘Thunder Island’ Was Fueled By a Collaboration With an Eagles Legend
Parade - before 7 hours & 51 minute
The 3 Bites That Will Go Viral at Epcot’s 2026 Food & Wine Fest
Parade - before 8 hours & 47 minute
Man dies after London Tube station assault following Notting Hill Carnival
Independent - before 6 hours & 17 minute
Clíodhna O’Sullivan’s Romantasy Novel ‘Her Hidden Fire’ Getting YA Series Adaptation With Great Island Attached
DEADLINE - before 11 hour & 10 minute
‘The Indies’ Goes on a Journey With 3 Men Taking a Painting Across a Europe Ravaged by Conflicts (Exclusive Venice Trailer)
Hollywood Reporter - before 10 hours & 53 minute
Ukraine-Russia war latest: Zelensky declares Russian airspace ‘completely unsafe’ in warning to airlines and passengers
Independent - before 11 hour & 55 minute


Latest News

One of MacKenzie Scott’s latest donations takes her HBCU giving to well over $1 billion

1 minute

The Met Gala’s history of public controversy, from Kim Kardashian to John Galliano

1 minute

Berlin’s latest Russia panic is reckless even by its own standards

before minute

Anthropologie’s ‘Very Pretty’ $15 Ceramic Pumpkin Planter Is a Gourd-geous Way to Welcome Fall

before minute

Construction on Sam Wilson Road bridge in west Charlotte expected to start in late September: NCDOT

before minute

US ambassador urges NATO vigilance: 'You can't predict what Vladimir Putin's going to do'

before 2 minute

GTA 6 fans criticize Jason’s voice acting; say character feels “emotionless”

before 2 minute

Greg Abbott Leads by 1 Point in New Texas Governor Race Poll

before 2 minute

Slovakia’s Fico ridicules Kiev’s demands for more money

before 3 minute

IBD Live Q&A Summary, Stock Lists For Wednesday, Sept. 2, 2026

before 3 minute

We Need Electricity Abundance

before 3 minute

Trump reveals he once slapped Canada with a major tariff because a friend couldn’t buy the Gulfstream jet he wanted

before 3 minute

The Best Deals on Tools and Appliances From Home Depot's 2026 Early Labor Day Sale

before 4 minute

Orange and Chatham County School Districts Celebrate Performance Milestones for 2025-26 Year

before 9 minute

George Clooney Challenges Authoritarians in Powerful Speech in Venice: “Stories Are Always Dangerous to People Who Peddle in Fear”

before 9 minute