|08 April, 2020

Bahrain to spend $570mln on private sector salaries

The government will also pay electricity and water bills for all Bahraini citizens and businesses

A shopkeeper counts his daily cash in Bahraini dinars as he opens his shop in downtown Manama, Bahrain, June 27, 2018. Image used for illustrative purpose.

A shopkeeper counts his daily cash in Bahraini dinars as he opens his shop in downtown Manama, Bahrain, June 27, 2018. Image used for illustrative purpose.

REUTERS/Hamad I Mohammed

DUBAI- Bahrain's government will spend $570 million in salaries for 100,000 private sector workers from April to June to help with the impact of the coronavirus outbreak, the labour ministry said on Wednesday.

The government will also pay electricity and water bills for all Bahraini citizens and businesses and will extend some tax breaks on properties and tourism, it said in a statement.

The initiative is part of a $11 billion stimulus package announced by the government for the private sector to mitigate the impact on the economy from the outbreak.

(Reporting by Aziz El Yaakoubi; editing by Jason Neely) ((aziz.elyaakoubi@thomsonreuters.com; +971552994086; Reuters Messaging: aziz.elyaakoubi.reuters.com@reuters.net))

More From GCC