Bahrain to shoulder citizens’ salaries for 3 months, Covid-19 infected businesses exempted from paying municipal fees

Bahrain to shoulder citizens’ salaries for 3 months, Covid-19 infected businesses exempted from paying municipal fees

The cabinet discussed several memorandums during the meeting and outlined the following outcomes: The following memorandums were approved: 1. In line with the Royal Directives to launch a financial and economic stimulus package designed to mitigate the impact of COVID-19, and preserve Bahrain's sustainable development, HRH the Crown Prince and Prime Minister is to oversee the implementation of the Royal Directives across the relevant authorities in developing appropriate solutions to support the most impacted sectors. Several support initiatives within the existing financial and economic package will be extended for an additional 3 months from June 2021 to August 2021, set out as follows: “¢ The salaries of insured Bahraini private sector employees working in impacted sectors will be paid through the Unemployment Insurance Fund for a period of 3 months, 100% for the first month and 50% for the second and third months. “¢ Exempting companies impacted by COVID-19 from paying municipal fees for a period of 3 months. “¢ Exempting tourist establishments and facilities from paying tourism fees for a period of 3 months. “¢ Extension of the Tamkeen Labor Fund Business Continuity Support program for companies impacted by COVID-19 for a period of 3 months. “¢ Exempting tenants