Economics
Saudi Arabia Reviews Expat Fees as Economy Feels Sting
- Government discussing changes to policy, four people say
- Charges had hit businesses hard without reducing unemployment
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Saudi Arabia is reviewing its policy of imposing fees on expatriate workers after rising costs inflicted economic pain and contributed to an exodus of foreigners, according to four people familiar with the matter.
While it’s unlikely the fees will be canceled altogether, a ministerial committee is looking at modifying or restructuring them, one of the people said. A decision is expected within weeks, two of the people said. They all spoke on condition of anonymity because the information isn’t public yet.