Bahrain: BD177 Million Emergency Funding Approved to Fight COVID-19

Bahrain
- Advertisement -

An additional BD177 million ($470.7m) will be injected into Bahrain’s budget this year in order to deal with emergency expenses incurred as a result of fighting the coronavirus pandemic.

The draft decree was approved at the weekly Cabinet session, chaired by Prime Minister Prince Khalifa bin Salman Al Khalifa.

The session also approved a proposal from the Council of Representatives on exempting the tenants of state-owned commercial outlets from paying rent for three months as a result of the coronavirus outbreak.

READ  India: 83% of Coronavirus Patients are Below the Age of 50

Further endorsement was given to a proposal to support small, medium-sized and micro private sector enterprises through the BD 4.3 billion stimulus package announced by the government to confront COVID-19 in the kingdom.

Comments

- Advertisement -