Bahrain to Fund Private Sector Salaries with USD 570 Million on Account of COVID-19
April 10, 2020
In an attempt to cushion the impact of COVID-19 on businesses and its workers, Bahrain has rolled out a program worth USD 570 million to cover the salaries of its 100,000 citizens working in the private sector, for a period of three months effective April 2020.
Bahrain’s Labour and Social Development Minister, Jameel bin Mohammed Ali Humaidan, announced that this initiative has been taken as a part of a move to provide liquidity to the private sector to help mitigate the social, as well as economic impact of COVID-19. This relief is also expected to maintain the growth of the private sector and its pivotal role in combating the on-going pandemic.
Bahrain has launched an online...