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  • 07-12-20

    Saudi Arabia announces number of decisions to deal with Coronavirus

    (MENAFN)2020 was an unusual year in light of the Coronavirus outbreak, emphasizing that the Kingdom demonstrates a "very rapid" response to that situation, stated the Minister of Finance and acting Minister of Economy and Planning, Mohammed Al-Jadaan.

    In the fifth Financial Stability Forum held Dec. 6, Al-Jadaan declared that, a number of packages were proclaimed by the Saudi government to deal with the crisis, to support its economy, jobs, small and medium-sized enterprises (SMEs.

    Al-Jadaan stressed that, "We moved rapidly from lockdown to economic recovery. We have also started to see preliminary promising signs of recovery, but there are still concerns."

    In addition, Saudi Arabia inaugurated the program in the previous five years that played a direct role in conquering the Coronavirus outbreak.

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