COVID19 : KUWAIT PARLIAMENT APPROVES BILLS TO SUPPORT BUSINESS

  • 30/03/2021

Kuwait National Assembly  approved three draft laws to support businesses affected by coronavirus.The house  approved a draft law to secure guarantees for local banks to provide financial assistance to clients whose businesses affected by the coronavirus pandemic. The entire 33 MPs attending the session approved the bill.The draft law allowed citizens who wish to postpone installments for the national fund for citizens facing financial difficulties, family funds, the Public Institute for Social Security, Kuwait Credit Bank, and the Public Authority for Housing Welfare, to do so.

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