Saudi authorities freezes and delays consulting spend amid conflict-driven fiscal tightening Finance

Saudi authorities freezes and delays consulting spend amid conflict-driven fiscal tightening

Saudi Arabia has ordered authorities entities to reduce – and in some drastic circumstances freeze – bills to control specialists, whilst additionally halting the awarding of latest contracts to many consulting companies. In keeping with reporting through the Monetary Instances, the transfer displays a broader recalibration underway within the kingdom as policymakers assess the commercial […]

Saudi Arabia freezes consultancy bills Finance

Saudi Arabia freezes consultancy bills

The Scoop Saudi Arabia has ordered authorities entities to freeze bills to technique advisers, control specialists, and regulation corporations, because it weighs the commercial affect of the Iran warfare, in keeping with other folks conversant in the subject. The instruction applies to ministries and government-controlled entities together with Public Funding Fund (PIF), the dominion’s just […]