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Shura recommends extension of COVID economic packages

Shura recommends extension of COVID economic packages

QNA
Doha
The Shura Council has recommended continuation of the government economic packages programme as the COVID-19 pandemic and its economic impact is likely to continue for long.
On Monday, the Shura Council, under the chairmanship of Deputy Speaker HE Mohammed bin Abdullah Al Sulaiti, discussed the report of the Financial and Economic Affairs Committee on study of the situation of small and medium enterprises (SMEs) in light of the support provided by His Highness the Amir of State of Qatar Sheikh Tamim bin Hamad Al Thani to these enterprises during pandemic.
The Shura Council hailed HH the Amir’s support for the private sector through the ongoing economic packages that began with the start of the pandemic. The first economic package in 2020 significantly contributed to reducing the effects of the pandemic on SMEs in the affected sectors, in addition to providing exemptions for companies for a period of six months on public utility payments and rents for logistical areas.
In its recommendations, the Shura Council called for encouraging government and semi-government agencies and banks to launch initiatives for the private sector during the pandemic, specifically by facilitating and simplifying procedures for obtaining the benefits of the approved subsidy from economic packages directly, expanding the circle of beneficiaries of the economic packages. The council also called for government support to include various economic activities such as productive farms and similar economic sectors, finding an appropriate mechanism to support the committee tasked with evaluating and tackling problems facing the private sector at the Ministry of Commerce and Industry, and urging the ministry to accelerate the implementation of support programmes.
The council recommended facilitating the conditions for establishing facilities in the industrial zone, called for postponing the decision on increasing the rental value, and fixing the terms of contracts for the lands in the industrial zone in a way that does not cause confusion to the beneficiaries of those lands and does not result in an increase in the prices of goods and services that will be reflected in consumers.