The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved a package of additional initiatives that were to support, exempt, and expedite the payment of dues to the private sector, as an extension of the government's efforts in dealing with the effects and consequences of the emerging Corona Virus pandemic and taking all measures to confront the financial and economic impacts on the private sector and the economic activities most affected by the repercussions of the epidemic.
In this context, the Minister of Finance and the Minister of Economy and Planning in charge, Mohammed bin Abdullah Al-Jadaan explained that the government has taken a number of additional precautionary measures, which aim to provide cash liquidity for the private sector to be able to use in managing its economic activities, and work continuously to study the effects and repercussions of the emerging Coronavirus crisis and its challenges in a number of sectors and regions, and study opportunities to address them, whether support or stimulus or others.
Source (Al-Arabiya.net website, Edited)
