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Pakistan and Saudi Arabia Agree to Improve Economic Relations

Pakistan and Saudi Arabia Agree to Improve Economic Relations The Ambassador of the Kingdom of Saudi Arabia in Pakistan, His Excellency, Nawaf Saeed A. Al Malkiy called on the Federal Minister for Economic Affairs, Omar Ayub Khan, at his office. The Saudi Ambassador congratulated Minister Khan on his assumption of the new portfolio of the Ministry of Economic Affairs. The two sides discussed the level of ongoing bilateral economic cooperation in detail, and agreed to enhance the existing level of cooperation to mutually benefit the two countries. The Saudi Ambassador said that the Saudi side is ready to play a much stronger role in the economic development of Pakistan.

Full transcript of Crown Prince interview on Vision 2030

Full transcript of Crown Prince interview on Vision 2030 April 28, 2021 Saudi Gazette report RIYADH Crown Prince Muhammad Bin Salman, who is also the chairman of the Council of Economic and Development Affairs, discussed on Tuesday the most important achievements of the Kingdom Vision 2030 programs and projects over the past five years. In an interview broadcast by the state’s television and the most important Arab television channels, the Crown HRH Crown Prince affirmed that oil greatly served Saudi Arabia, pointing out that the Kingdom has been a country established before the discovery of oil. He disclosed that the volume of income and growth achieved by oil is much greater than our needs at that time, particularly in the thirties and forties, adding that the volume of the surplus of income and economic growth was much more than we were aspiring for by hundreds of times.

Saudi vision goals will be achieved before 2030

Saudi vision goals ‘will be achieved before 2030’ JEDDAH, Saudi Arabia, April 28, 2021 Saudi Arabia’s Vision 2030 will achieve many of its goals before 2030, Crown Prince Muhammad Bin Salman, Deputy Premier and Minister of Defence was quoted as saying in a media report. In an interview with local Saudi television, the Crown Prince completely ruled out any plans to impose income taxes in the Kingdom, reported Saudi Gazette. “There will be no income taxes at all in Saudi Arabia, he said, affirming that the maximum limit for value-added tax (VAT) is 15 percent for a period of 5 years, which is a temporary decision.

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