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News of Bahrain
Business2 February 20211 min read

Tamkeen to pay 50% of salaries of insured Bahrainis in private sector

TDT | Manama The Daily Tribune – www.newsofbahrain.com The Bahrain Cabinet discussed and approved a number of memorandums; one of them was from the Ministerial Committee for Financial and Economic Affairs and Fiscal Balance regarding proposed support initiatives as part of

Editorial Team Legacy

Published 2 February 2021, 8:00 · Updated 22:02

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Tamkeen to pay 50% of salaries of insured Bahrainis in private sector

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

The Bahrain Cabinet discussed and approved a number of memorandums; one of them was 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 support from the Labour Fund Tamkeen is to continue paying 50% of the salaries of insured Bahrainis in private sector companies whose scope of activity remains suspended due to COVID-19 for a period of three months in coordination with the Tamkeen’s business continuity programme.

Additionally, these companies will be exempted from paying municipality fees and tourism facilities will be exempted from paying tourism fees for a period of three months starting from January 2021.

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