Cabinet approves economic package to minimise COVID-19 impact

  • Date: 30-Jun-2020
  • Source: 24×7 News
  • Sector:Economy
  • Country:Bahrain
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Cabinet approves economic package to minimise COVID-19 impact

 Manama: Mahmood Rafique, Editor:

The Cabinet on Monday has approved number of initiatives aimed at mitigating

the impacts of the novel coronavirus, in line with the directives of His

Majesty King Hamad bin Isa Al Khalifa to unify the national efforts to confront

the impacts of pandemic at the local level, and to protect the health and

safety of the citizens and residents, along with the continuity of the state's

programmes to enhance the sustainable development march.

The

initiatives are also in line with the decisions of the government, led by HRH

the Prime Minister, and the national efforts, led by HRH Crown Prince, to

combat the COVID-19 in the Kingdom.

In this

regard, the government decided, based on its consultations with the Legislative

Branch and the Bahrain Chamber of Commerce and Industry (BCCI) and based on

their visions, to pay 50% of the salaries of insured Bahrainis in the most

affected private sector institutions for three months, starting from July, in

accordance with the terms and conditions to be set by the Labour and Social

Development Ministry, in coordination with the relevant authorities.

The

government also decided to pay the electricity and water bills of all Bahraini

subscribers for their first houses for three months, beginning from July,

provided that they do not exceed the bills of the same period