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Saudi Arabia to Raise VAT Threefold and Suspend Cost of Living Allowances

How to Feature Writer
 Saudi Arabia is suspending the cost of living allowance and increasing the value-added tax (VAT) as part of measures to address the impact of the COVID-19 crisis, the Saudi Press Agency (SPA)...

G20 Agrees to Suspend Debt Payments of World’s Poorest Nations Due to Coronavirus

Business Feature Writer
The world's 20 biggest financial leaders have decided to postpone debt servicing in the poorest countries by allowing them the headroom to spend cash on coronavirus. Both principal repayments and interest payments will...
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