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Kuwait approves $2bn in bonuses for frontline workers

Other Kuwait City 01 Apr 21
Kuwait approves $2bn in bonuses for frontline workers
Kuwait’s cabinet approves 600 million dinars in bonuses for frontline workers. Draft law was sent to the Emir for approval, after being passed by Cabinet.
Fee
Event Location
Kuwait , Kuwait
Area
Kuwait City
Start Time
01 April 2021, 12:00 AM
End Time
30 April 2021, 12:00 AM
Website

Kuwait’s cabinet approved a draft bill to extend an additional credit of 600 million dinars ($1.99 billion) dedicated to bonuses for frontline workers tackling the covid-19 pandemic.

The cabinet said on Twitter that the draft law with additional credit in the budget of ministries and government departments for the fiscal year 2020/2021 has been submitted to Kuwait’s emir and will also be referred to the parliament.

Kuwait has introduced several measures to alleviate the COVID-19 pressure on economic sectors and on affected businesses.

Kuwait’s cabinet had submitted in February draft legislation to parliament that would allow the government to withdraw up to 5 billion dinars ($16.53 billion) from the country’s sovereign wealth fund annually, according to Reuters.


Kuwait bonus frontline workers Kuwait coronavirus updates



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