Some Gulf countries announce the payment of 6 months of rent and 80% of the workers' salaries.
In this context, Dr. Muhammad Al-Hashil, Chairman of the Higher Committee for Economic Stimulus, agreed in principle on the contents of a working paper to support private sector projects during the Corona crisis presented by the Parliamentary Business Environment Improvement Committee.
Whereas, the Parliamentary Business Environment Improvement Committee discussed from Dr. Muhammad Al-Hashil the working paper prepared by Representative Ahmad Al-Fadl and a group of initiators.
It is worth noting that the paper includes 6 proposals.
Open most activities with healthy controls.
Non-refundable grants of no more than 10,000 dinars per SME.
The state guarantees the payment of 6-month rents and 80% of salaries as of July 2020.
Facilitating banking procedures and extending payment periods, to include all projects, including non-performing
Motivating large companies through certain facilities in exchange for using SME services.
The participants in the meeting wished the cabinet to approve the proposals contained in this paper, according to Al-Qabas newspaper