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Saudi Arabia: Ministry of Tourism Launches Tourism Development Fund

Description

On 21 June 2020, the Ministry of Tourism launched the Saudi Tourism Development Fund with a capital of USD 4 billion to develop the tourism sector. The tourism Fund will launch debt and equity investm...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Jun 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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