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No compensation for corporate company losses, soft financing to those affected

KUWAIT CITY, Apr 01: The cabinet decided during its meeting today not to compensate companies that were directly affected by the repercussions of the Corona virus which has paralyzed the country.

The source stated that the government is keen to support the national economy by providing soft loans to companies that prove their business is affected by the repercussions of the crisis.

These soft loans will be provided to the affected companies in all productive economic sectors report Al Qabas, provided that the appropriate financing value is estimated for each company that benefits from the loan.

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