Government to shoulder 50pc of salaries of insured Bahrainis in private sector

MANAMA: Bahrain will provide 50 per cent of the salaries of insured Bahrainis in private sector companies whose activities have remained suspended due to Covid-19 for three months.

This was approved at a Cabinet meeting yesterday, chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince Prime Minister.

The remote meeting discussed a memorandum from the ministerial committee for financial and economic affairs and fiscal balance regarding proposed support initiatives as part of Bahrain’s economic stimulus package.

Most notable among them was support from the Labour Fund ‘Tamkeen’ to provide 50pc of the salaries of insured Bahrainis in private sector companies whose scope of activity remains suspended due to the pandemic for three months, in co-ordination with its business continuity programme.

Additionally, these companies will be exempted from paying municipality fees and tourism facilities will be exempted from paying tourism fees for three months, starting from January.

The Cabinet conveyed its sincere congratulations to His Majesty King Hamad, the Supreme Commander, and to HRH Prince Salman, who is the Deputy Supreme Commander, on the 53rd anniversary of the establishment of the BDF.

The Cabinet also congratulated the members of the defence establishment, all of whom stand ready and committed to defending the kingdom and ensuring its security.

The Cabinet reviewed Covid-19 developments, noting the kingdom’s success relies upon a commitment to precautionary procedures and preventive measures.

It affirmed that national duty and social responsibility requires Team Bahrain, made up of citizens and residents, to protect the country by applying these safety measures with greater commitment and to register for vaccination in the interests of themselves, their families and the community.

 

Source: http://www.gdnonline.com/Details/934707/Government-to-shoulder-50pc-of-salaries-of-insured-Bahrainis-in-private-sector

 

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