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Gov’t to provide financial support for 6 months to private sector employees

KUWAIT, May 28: Kuwait’s Cabinet has approved the disbursement of financial support to business owners and the national workforce in the private sector for a period of up to six months, a minister said on Thursday.
The cabinet is sparing no effort in providing job security for the national workforce in light of the exceptional circumstances the country is going through, caused by the coronavirus pandemic, Minister for Social Affairs and State Minister for Economic Affairs Mariam Al-Aqeel said in a statement.

Minister of Finance and the acting Minister of State for Economic Affairs Maryam Al-Aqeel

This support comes as part of an economic stimulus package aimed at ensuring the stability of employment conditions of nationals in the private sector and due to the Cabinet’s commitment to strike a balance in the contractual relationship between business owners and Kuwaiti employees in the private sector, she explained.

The decision, reached on May 18, also aims at protecting the national workforce’s interests, ensuring job stability for them, and alleviating the burdens on employers, including owners of small and medium enterprises, affected by these exceptional circumstances.

Upon receiving the sums, businesses will be legally bound not to terminate the services of their employed nationals or reducing their salaries until the end of June 2021.

The Public Authority for Manpower has been assigned to disbursed to those affected on an urgent basis, Al-Aqeel said (KUNA)

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