In its 19th urgent session held on Saturday, April 24, the Council of Ministers, has passed decisions after deliberating on various issues.
Among the issues discussed by the Council include measures that should be taken to address the threat posed by the coronavirus (COVID-19) outbreak to the country’s economy.
The Council first discussed a resolution tabled by the Ministry of Finance to reduce the impact of the outbreak on businesses and exporters as well as to enable employers to keep their workers on the payroll.
After making a few adjustments, the Council decided the resolution to enter into force.
The Council also decided on the emergency law implementation rules that require a 20% tax cut and other related measures for taxpayers, among others, to enter into force.
It also approved the loan agreements signed with various countries and financiers.
