back

Saudi King approves $266 million coronavirus crisis aid for private sector

वि.सं.२०७७ वैशाख ५ शुक्रवार

375 

shares
RBB AD
NTC AD

Saudi Arabia’s King Salman has approved an additional package of measures to help the private sector deal with the economic impact of the coronavirus outbreak.

The package includes 50 billion riyals ($266 million) to accelerate payment of private sector dues, provide liquidity to several sectors and cover wages of those working in passenger transport.

Another 47 billion riyals has been set aside for the health sector, to be disbursed as needed to build capacity, he added. In March, Saudi Arabia allocated 70 billion riyals to support businesses and postponed some government fees and taxes. It said 9 billion riyals would be disbursed to cover part of the wages of private sector workers to deter layoffs.

वि.सं.२०७७ वैशाख ५ शुक्रवार ०८:५६ मा प्रकाशित

NLIC AD
NABIL bank AD
Death toll rises to 39 from southern Brazil’s heavy rains   

Death toll rises to 39 from southern Brazil’s heavy rains   

4 may,  SAO PAULO -The death toll from heavy rains...

India to replace military personnel from Maldives by May 10   

India to replace military personnel from Maldives by May 10   

4 may, Male [Maldives] - India and Maldives held the 4th...

NMB Bank joins global call for binding Treaty to end use of fossil fuels

NMB Bank joins global call for binding Treaty to end use of fossil fuels

23 April, 2024 - NMB Bank Limited, along with a...