Global Trade Alert
Global Trade Alert

Saudi Arabia: The government allocates SR 70 billion to support SMEs

Announcement

20 Mar 2020

In March 2020, the government allocated SR 70 billion to support SMEs in the private sector affected by COVID-19.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Mar 2020

Revocation date:

No revocation date

Updated: 20 Mar 2020
Tax or social insurance relief In force

On 20 March 2020, the Ministry of Finance allocated SR 70 billion (approx. USD 18.6 billion) to support SMEs in the private sector. The budget allocated consists of exemptions and postpones of gove...

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