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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar Al-Mosalam

Saudi Arabia Examines Mechanisms of Technical Services Pricing

The Non-oil Revenue Development Center seeks to achieve financial sustainability and diversify sources of income. (Asharq Al-Awsat)

The Saudi government is currently examining the legal tools by which fees are imposed for services provided by technology companies for the benefit of government agencies.

According to information obtained by Asharq Al-Awsat, the government requested all public agencies to provide the Non-oil Revenue Development Center, within a period not exceeding 30 days, with all data related to fees and charges imposed by government, semi-government and private technology companies in exchange for operating electronic platforms or providing relevant services.

The Non-oil Revenue Development Center seeks to achieve financial sustainability and diversify sources of income. It enjoys legal personality and financial and administrative independence, and is organizationally linked to the Minister of Finance.

The center aims to support government agencies and programs related to increasing non-oil revenues in the country.

The center also follows up on the implementation of the approved initiatives, addresses difficulties faced by government agencies, and coordinates efforts with public agencies and vision realization programs regarding the implementation of joint initiatives.

The government has previously requested all public agencies to coordinate with the Non-oil Revenue Center when studying, evaluating, signing or renewing contracts that entail the collection of any sums of money in return for providing or facilitating the implementation of government agencies’ services, in addition to providing the center with a copy of all existing contracts.

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