Coronavirus: Bahrain to suspend collection of rents and allowances from tenants of municipal properties for three months
Initiative to begin from April 2020 and follows the directives of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain
Bahrain’s Works, Municipalities Affairs and Urban Planning Minister, Essam bin Abdullah Khalaf, has instructed all municipalities to take the necessary measures to stop collecting rents and allowance from all tenants of municipal properties for three months, starting from April 2020.
According to a report by Bahrain News Agency (BNA), the initiative comes following the directives of HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister, to support investors and traders under the current circumstances.
The minister said that the order would cover all users of municipal properties, including supermarkets, stand owners, and tenants of small shops in the malls and municipal shops.
He added that the financial and economic decisions and measures clearly embody the keenness of the Bahraini government to maintain sustainable growth and enable the private sector to overcome the effects of this crisis.
The Coordination Committee, chaired by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, launched a package of economic initiatives to provide the necessary liquidity to the private sector to deal with the effects of the current conditions to maintain sustainable growth.
