Bahrain Passes a Decisions Package of $11 Billion to Support the Economy

  • Manama, Kingdom of Bahrain
  • 24 March 2020
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The Bahraini Minister of Finance, Sheikh Salman bin Khalifa Al Khalifa revealed the government’s intention to implement a package of financial and economic decisions and measures, with a total expenditure of 4.3 billion dinars (11.41 billion dollars), indicating that these decisions will be implemented as soon as possible as a top priority.

Sheikh Salman bin Khalifa Al Khalifa stressed that the implementation of the decisions and procedures of the financial and economic package, which came in accordance with the directives of the country's King, King Hamad bin Isa bin Salman Al Khalifa, is the highest priority that the Ministry of Finance and National Economy and the relevant government agencies strive to achieve as quickly as possible.

The package includes a project to support the salaries of citizens working in the private sector, which aims to pay the salaries of citizens working in the private sector through the unemployment fund for months (April, May, and June) for the year 2020 according to the maximum salary stipulated in the Social Insurance Law, with a total value of 215 million BD.

Source (Al-Arabiya.net Website, Edited)

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