{
  "id": 15217832,
  "title": "Ministry of Tourism launches installment plans for financial penalties on tourism establishments",
  "url": "https://urgent.news/2026/10/17/ministry-of-tourism-launches-installment-plans-for-financial",
  "topic": "world",
  "section": "World",
  "published": "2026-10-17T14:18:02.000Z",
  "source": {
    "name": "Saudi Gazette",
    "slug": "saudi-gazette",
    "url": "https://saudigazette.com.sa/article/665488/saudi-arabia/ministry-of-tourism-launches-installment-plans-for-financial-penalties-on-tourism-establishments"
  },
  "original_language": "en",
  "account": "Riyadh — The Ministry of Tourism has introduced a new service enabling private and non-profit tourism entities to settle financial penalties through installment plans. This initiative stems from Cabinet Decision No. 105 and accompanying installment guidelines endorsed by the Ministry of Finance. Applications for this service opened on October 13, 2025, and closed on December 31, 2026, via the ministry's website.\n\nTo qualify, applicants must provide evidence of the penalty, complete the approved application form along with a justification and declaration, present a statement detailing the establishment's financial obligations, furnish bank statements from the previous 12 months, and submit certified financial statements from the most recent fiscal year by a licensed chartered accountant.\n\nEach application undergoes review by the Ministry of Finance, which ultimately renders the final decision. However, submitting an application does not ensure approval. This new installment plan is designed to assist investors and operators by providing a flexible mechanism to fulfill financial commitments, fostering compliance while allowing tourism establishments to maintain their operations.",
  "summary": "RIYADH — The Ministry of Tourism has launched a service allowing private and non-profit tourism establishments to pay financial penalties in installments, under Cabinet Decision No. 105 and the installment rules approved by the Ministry of Finance.The ministry started receiving applications for this service from Tuesday, Oct. 13 until the expiry of the deadline on Dec. 31, 2026, through the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}