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Initiatives to mitigate the financial and economic impact on the private sector – Investors support

This compendium, prepared by the Division for Public Institutions and Digital Government (DPIDG) of the United Nations Department of Economic and Social Affairs (UN DESA), aims to capture emerging trends in digital responses of UN Member States against the COVID-19 pandemic along with other digital government initiatives and provide a preliminary analysis of their main features. These cases are shared for exchange of information so that Member States can learn from each other and possibly create new partnerships.

- Investing in small and medium enterprises during their early stages of growth, which bridges the gaps in the current financing of small and medium enterprises that are not covered by the financing of ownership or investment through financial institutions (allocated budget: 2.8 billion riyals). The initiative can be benefited by applying online through the link (https://svc.com.sa)
- Acceleration of redemption requests for the added value tax and postpone the examination, for all establishments registered with the added value tax at the General Authority of Zakat and Income, benefit from this easily by submitting an online request through the link (https://login.gazt.gov.sa/irj/portal?ume.logon.locale=en&login=X)
These just examples details can be found in the below link:
https://www.mof.gov.sa/Initiatives/Pages/Investors.aspx

Country
Saudi Arabia
Institution

Multiple Organizations

Category
Digital Government
Focus
E-Business
Technology

Website