Impact of Mandatory Medical Insurance on Construction Contractors in Saudi Arabia

2010 ◽  
Vol 163-167 ◽  
pp. 4529-4534 ◽  
Author(s):  
Abdullah M Alsugair
Keyword(s):  
Saudi Arabia ◽  
Private Sector ◽  
Construction Projects ◽  
Medical Insurance ◽  
Company Performance ◽  
Medical Needs ◽  
Medical Facilities ◽  
Comprehensive Development ◽  
The Government ◽  
The Impact

The comprehensive development in Saudi Arabia forced the private sector to bring foreign employees to assist in accomplishing this development. The number of foreign employees reached to six million people according to the late statistics. This huge number of people exerted pressure on the public free medical facilities that forced the government to issue a decree that instructs private sector to use private medical facilities for their foreign employees. The private sector dealt with this decree in different ways according to the perception of the company from providing full medical coverage for their employees to providing nothing. This has created a problem to many foreigners in which they have to pay for their medical needs. The government, then, issued a new decree that is the mandatory medical insurance. This decree requires the private sector to provide full medical coverage for their foreign employees. This decree will have an impact on the construction companies (contractors) and the cost of the construction projects. This paper presents results of a study conducted to identify the impact of the mandatory medical insurance on the construction contractors in Saudi Arabia. The methodology used was to prepare a questionnaire that investigates the objectives of this study and distributes it to the contractors. The questionnaire includes many aspects among them the impact of this decree on the company performance and the competition between contractors; how this extra expense being dealt with; and the impact on the employee. The questionnaires were distributed to 150 construction contractors and 90 questionnaires were collected. Results of the study reveal the impact of the mandatory medical insurance on the construction contractors in general and according to their classifications. In addition, the study presents the current practice implemented by contractors to provide medical care for their foreign employees.

Effect of the Medical Insurance Decree on Construction Industry in Saudi Arabia

2012 ◽  
Vol 446-449 ◽  
pp. 3861-3868
Author(s):  
Abdullah M. Alsugair
Keyword(s):  
Saudi Arabia ◽  
Construction Industry ◽  
Current Practice ◽  
Total Population ◽  
Medical Insurance ◽  
Huge Number ◽  
The Public ◽  
Medical Facilities ◽  
The Government ◽  
Exerted Pressure

Construction contractors in Saudi Arabia were exposed to additional expenses due to implementing a new government decree related to medical insurance for foreign employees. The number of foreign employees reached to eight million people out of 27 million people the total population of Saudi Arabia. This huge number of foreign people exerted pressure on the public free medical facilities that forced the government to issue a decree that instructs private sector to use private medical facilities for their foreign employees. This paper presents results of a study to identify the effect of the medical insurance decree on construction industry in Saudi Arabia. The methodology used was to prepare a questionnaire that investigates the objectives of this study and distributes it to the contractors. The questionnaires were distributed to 150 construction contractors and 90 questionnaires were collected. Results of the study reveal the effect of the compulsory medical insurance on the construction contractors in general and according to their classifications. In addition, the study presents the current practice implemented by contractors to provide medical care for their foreign employees.

scholarly journals National Responses and Economic Strategies to Address COVID-19 in Saudi Arabia

2020 ◽  
Vol 55 (6) ◽  
Author(s):  
Mohammad Nurunnabi ◽  
Hisham Mohammed Alhawal ◽  
Reema Yousef Abdulla Al Bassam
Keyword(s):  
Saudi Arabia ◽  
Private Sector ◽  
Economic Transformation ◽  
A Value ◽  
Government Documents ◽  
Economic Strategies ◽  
Vision 2030 ◽  
The Government ◽  
The Impact

This study aims to explore national responses and strategies to address the challenges to Saudi Arabia during the COVID-19 pandemic. The study utilized various government documents, newspapers and local and international reports. This research finds that the Saudi government of thoroughly evaluated the circumstances and has announced a set of urgent moves amounting to 142 initiatives targeting individuals, private sector enterprises and investors, with a value exceeding SR 214 billion. The government has made significant efforts to keep employment and markets stable. This is one of the very first studies of the Saudi government’s response to the impact of COVID-19 on the private sector and the overall economy. The Kingdom seeks to support the private sector in order to achieve the goals that Saudi Arabia seeks in its economic transformation and in line with its Vision 2030.

scholarly journals (The Impact of Traffic Accidents on Development: A Contemporary Accounting Perspective, Asir governorate as a model - Saudi Arabia (2006-2013: أثر حوادث المرور على التنمية نظرة محاسبية معاصرة محافظة (عسير) نموذجاً المملكة العربية السعودية (2006– 2013)

2017 ◽  
Vol 3 (2) ◽  
Author(s):  
Shahabuddin Mohammed Ahmed Abdullah
Keyword(s):  
Saudi Arabia ◽  
Community Development ◽  
Traffic Accidents ◽  
Kingdom Of Saudi Arabia ◽  
The Government ◽  
The Cost ◽  
The Impact

The traffic accidents in the high ways and towns are still increasing, their effect on the community development clearly seen. The control of this problem is highly significant. The analysis of the data and the information about the traffic accidents, their direct, indirect, a variables and continues cost represented in curing the injured, paying the Diya, the cost of the medical operations on behalf of the government and the relatives of the injured dealt with through the accounting view. This paper aimed at measuring the effect of traffic accidents in terms of money, to be use for the development of Accer province – South of the kingdom of Saudi Arabia. The overall cost of the traffic accidents in 2013 is 23 pillions Riyal. The percentage of the injured is 30% per family. The cost account of traffic accidents in Accer province is 1. 6 pillions Riyal. These sums of money could have been use for the development of the province. The paper recommends The direct, indirect, a variables and continues costs of the traffic accidents should give a due consideration The traffic administration should give a due consideration as well, to be minimizing the number of the traffic accidents. There should be decisive practical measures to stop these accidents.

The impact of open government data on accountability and transparency

2018 ◽  
Vol 34 (3) ◽  
pp. 204-216 ◽  
Author(s):  
Stuti Saxena ◽  
Irfan Muhammad
Keyword(s):  
Private Sector ◽  
Citizen Participation ◽  
Open Government ◽  
Data Sets ◽  
Structured Interviews ◽  
Content Type ◽  
Open Government Data ◽  
Government Data ◽  
The Government ◽  
The Impact

Purpose Accountability, citizen participation and transparency are the three pillars on which open government data (OGD) is based. As such, OGD implies that the government shall provide data freely via the internet so that the same may be re-used for diverse purposes. It is hoped that by re-using government data, public value shall be co-created and government services might be improved upon with the involvement of different stakeholders. The purpose of this paper is to underline the impact of OGD on accountability and transparency in the context of Pakistan where OGD initiative is taking roots for quite some time now. In the present study, the authors seek to investigate the challenges being faced by the professionals in the private sector and nongovernment organizations (NGOs) in Pakistan. Besides, the authors also seek inputs from the respondents in the manner in which OGD initiative of Pakistan has impact on ensuring accountability and transparency. Design/methodology/approach For conducting the review of the national OGD portal of Pakistan, the authors invoke documentary analysis wherein the authors investigate the features of the national OGD portal of Pakistan. Furthermore, the authors conducted structured interviews with 49 senior management representatives from private sector and NGOs in order to gauge the challenges encountered by them in tapping OGD from diverse online public sources. Findings Respondents aver that robust statistical analysis is not feasible via the data sets being shared by the online sources. More initiatives are required on the part of the government bodies to release the data sets which have remained confined in silos. Government should institutionalize an OGD policy and promote the re-use of OGD by the professionals from diverse backgrounds. At present, only educational data are being shared by the OGD portal of Pakistan and it is important that more data sets are being released in the public domain. Furthermore, the respondents perceive that in a bid to be more accountable and transparent, the government bodies should release data sets via the online channels which are user-friendly. Research limitations/implications The present study conducted a qualitative research where the number of respondents was relatively less. Further research is required by adopting quantitative approach in order to accommodate more respondents and lend reliability to the study. Nevertheless, the study holds implications for academicians and practitioners in the sense that while it is needed that further research be conducted on the OGD initiative of Pakistan, it is imperative that policy makers get involved in institutionalizing the OGD initiative of Pakistan at national and local levels. Social implications Professionals might be better involved in creating and co-creating products and services by tapping OGD. Originality/value Given that OGD initiative in Pakistan is in a nascent stage and research is wanting in exploring the nature and scope of Pakistan’s OGD, the present study seeks to contribute toward the existing OGD literature.

scholarly journals Evaluating the impact of a maternal health voucher programme on service use before and after the introduction of free maternity services in Kenya: a quasi-experimental study

2018 ◽  
Vol 3 (2) ◽  
pp. e000726 ◽  
Author(s):  
Mardieh L Dennis ◽  
Timothy Abuya ◽  
Oona Maeve Renee Campbell ◽  
Lenka Benova ◽  
Angela Baschieri ◽  
...  
Keyword(s):  
Maternal Health ◽  
Private Sector ◽  
Maternal Health Services ◽  
Facility Delivery ◽  
Absolute Increase ◽  
Maternity Services ◽  
Poor Women ◽  
The Government ◽  
The Impact ◽  
The Continuum

IntroductionFrom 2006 to 2016, the Government of Kenya implemented a reproductive health voucher programme in select counties, providing poor women subsidised access to public and private sector care. In June 2013, the government introduced a policy calling for free maternity services to be provided in all public facilities. The concurrent implementation of these interventions presents an opportunity to provide new insights into how users adapt to a changing health financing and service provision landscape.MethodsWe used data from three cross-sectional surveys to assess changes over time in use of 4+ antenatal care visits, facility delivery, postnatal care and maternal healthcare across the continuum among a sample of predominantly poor women in six counties. We conducted a difference-in-differences analysis to estimate the impact of the voucher programme on these outcomes, and whether programme impact changed after free maternity services were introduced.ResultsBetween the preintervention/roll-out phase and full implementation, the voucher programme was associated with a 5.5% greater absolute increase in use of facility delivery and substantial increases in use of the private sector for all services. After free maternity services were introduced, the voucher programme was associated with a 5.7% higher absolute increase in use of the recommended package of maternal health services; however, disparities in access to facility births between voucher and comparison counties declined. Increased use of private sector services by women in voucher counties accounts for their greater access to care across the continuum.ConclusionsOur findings show that the voucher programme is associated with a modest increase in women’s use of the full continuum of maternal health services at the recommended timings after free maternity services were introduced. The greater use of private sector services in voucher counties also suggests that there is need to expand women’s access to acceptable and affordable providers.

scholarly journals The Impact and Contribution of FDI to Saudi Economy During King Abdullah Regime

2020 ◽  
Vol 11 (6) ◽  
pp. 37
Author(s):  
Khaled Jadeaf Alanazi ◽  
Salawati Mat Basir
Keyword(s):  
Saudi Arabia ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Foreign Capital ◽  
Regulatory Environment ◽  
Investment Promotion ◽  
Incentive Policies ◽  
The Government ◽  
The Impact ◽  
Opening Up

Foreign Direct Investment resulted in the disclosure of different investment chances and opportunities through active investment promotion agencies. A country must execute various reforms capable of improving the fundamental determinants of FDI for achieving a high percentage of Foreign Direct Investment. These reforms among others include improving investment laws, reducing political risk and level of corruption, establishing a consistent legitimate and regulatory environment, freeing repatriation of funds and capital, as well as opening up to international trade. Saudi Arabia adopted generous incentive policies for attracting foreign capital and invite Foreign Direct Investment during king Abdullah regime. These policies present positive incentives while eliminating negative disincentives. Positive incentives consist free custom duties, reductions of tax and export zones, by the government of Saudi Arabia. Disincentives elimination to investments indicates the removal of overlong and rigid systems as they can delay visas issuance, restraint travel and complicate the licensing and registration of a project. This paper discusses the impact of FDI on Saudi economy during King Abdullah regime and finally, ascertains the contribution of FDI to Saudi Economy during King Abdullah regime.

scholarly journals The Impact of Privatization of IDBI Bank in Indian Economy

2020 ◽  
Vol 3 (12) ◽  
pp. 59-63
Author(s):  
Vishal Kumar ◽  
Soumak Ganguly ◽  
Payal Ghosh ◽  
Manisha Pal
Keyword(s):  
Private Sector ◽  
Banking Sector ◽  
Financial Statement ◽  
Government Control ◽  
Public And Private ◽  
The Public ◽  
The Government ◽  
Public And Private Sector ◽  
The Impact ◽  
Share Value

Privatization refers to the public shares and Assets which are sold to the private sector in the economy. It decreases the power of government control and creates the other policies method. Privatization leads to cutting short the capital and revenue expenditure, which leads to an increase in share value in the market. During the pre-privatization period, the government used to pay less amounts of dividends to its shareholders due to its complex cost structure. Privatization leads to cutting short the capital and revenue expenditure, which leads to an increase in share value in the market. It also gave information about Public and Private sector banks. Our objective is to compare the pre and post-privatization performance like other banks of developing countries shows that privatization resulted in significant gains in profitability and efficiency. To evaluate the impact of privatization in the Indian banking sector and the relationship between privatization and Indian Economic growth by using a case study of IDBI bank condition of Indian private sector banks is analyzed using the financial statement of IDBI Bank with the help of different research methodologies.

scholarly journals A SWARA-COPRAS APPROACH TO THE ALLOCATION OF RISK IN WATER AND SEWERAGE PUBLIC–PRIVATE PARTNERSHIP PROJECTS IN MALAYSIA

2019 ◽  
Vol 23 (4) ◽  
pp. 269-283 ◽  
Author(s):  
Alireza Valipour ◽  
Nordin Yahaya ◽  
Norhazilan MD Noor ◽  
Iman Valipour ◽  
Jolanta Tamošaitienė
Keyword(s):  
Private Sector ◽  
Water Supply ◽  
Public Funding ◽  
Risk Allocation ◽  
Political Strategy ◽  
The Public ◽  
The Government ◽  
Public And Private Sector ◽  
Private Investors ◽  
The Impact

In a situation of growing water demand, inadequate public funding, poor asset condition and lack of maintenance in developing countries, public-private partnerships (PPPs) play an important role in the development of infrastructure, such as water supply and sewerage services. The purpose of this study is to develop a quantitative approach to appropriate risk allocation, with attention directed to the impact of positive and negative factors in water and sewerage projects. The paper presents a hybrid SWARA-COPRAS approach to examine risk allocation, particularly for PPP water supply and sewerage projects in the context of Malaysia. In addition to PPP infrastructure projects, the approach has the potential to be adapted to other applications. The proposed method enables decision makers to utilise qualitative linguistic terms in the allocation of risk between the public and private sector, and to select the best strategy for risk allocation in a contract. Finally, 24 significant risks were identified: six risks would preferably be allocated to the public sector, while seven risks would be assigned to the private sector, and eleven risks would preferably be shared by both parties. The finding from this study can help the government of Malaysia to determine an attractive political strategy for private investors to support a PPP water and sewerage infrastructure project.

EFEKTIVITAS PENDAPATAN DAERAH KABUPATEN PACITAN DALAM PROSES PEMULIHAN PASCA BENCANA

2020 ◽  
Vol 3 (4) ◽  
pp. 480
Author(s):  
Devi Nur Cahaya Ningsih
Keyword(s):  
Private Sector ◽  
Disaster Management ◽  
Disaster Recovery ◽  
Research Method ◽  
Central Government ◽  
Recovery Process ◽  
Regional Income ◽  
The Government ◽  
The Impact ◽  
Post Disaster

Flood and landslide that occurred at the end of 2017 in Pacitan Regency induced huge losses. However, with good cooperation from all levels of The Pacitan's society, the impact of the disasters could resolve in 4 months. This study aims to determine the steps taken by the government of Pacitan Regency to achieve effectiveness in realizing the original regional income of Pacitan Regency, especially for post-disaster recovery. The research method used is descriptive qualitative, through interviews with the Head of the Disaster Management Section of Pacitan Regency. The results obtained indicate The government of Pacitan Regency has policies that can secure their Original Regional Income. The Regional Original Income is always achieved well before disasters, during disasters, and after disasters. Apart from implementing policies, the effectiveness of regional income in the time of disaster recovery process in Pacitan Regency is also encouraged by the assistance funds obtained from the central government, regional governments, and the private sector. Meanwhile, involving the community with an attitude of good cooperation that is one of a characteristic of the Indonesian society could quickly restore the condition of the Pacitan Regency.

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