Business

Saudi Arabia Exempts Enterprises from Delayed Fines

Mahmoud Elassal1

The General Organization for SocialInsurance ( GOSI) announced that all enterprises in the Kingdom of Saudi Arabiawill be exempted from fines against delays of February and March contributionsfor the current year.

In a statement today, GOSI said thatthis comes in light of the financial conditions facing the private sector dueto the implementation of strict precautionary measures to combat theCoronavirus in the country.