JEDDAH — Custodian of the Two Holy Mosques King Salman has ordered the extension of several government initiatives to support the private sector and investors in mitigating the impact of the coronavirus outbreak. The initiatives included supporting the salaries of Saudis working in the private sector through the SANED system. Also, the initiatives partially exempted foreign residents from expat levy for those whose Iqama has expired for one month. The extension includes financial support, exemptions, relief measures and accelerating payment of private sector dues. This order was announced as an extension of the continuing efforts of the government to deal with the impacts and consequences of the coronavirus pandemic and take all measures to confront its financial and economic impacts on the private sector. The government has so far launched 142 initiatives to support individuals, private sector enterprises and investors since the outbreak of the pandemic worth SR214 billion ($57 billion).
