Event Details
June 01, 2016
Description
Expected launch of the 'balanced Nitaqat' initiative extending the Saudization program.
Participants (1)
| Name | Type | Mentions | |
|---|---|---|---|
| Saudi Government | person | 0 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_016137.jpg
A Merrill Lynch financial research report (GEMs Paper #26) dated June 30, 2016, analyzing Saudi Arabia's fiscal balance, government debt, and labor market trends. The document discusses the economic impact of the National Transformation Program (NTP) and 'Nitaqat' Saudization initiatives, specifically focusing on the costs of foreign versus national labor and projected financial outflows. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation.
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