14 March 2020 – Deferred payment of dues owed to banks by small to medium enterprises

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved: Financial markets and monetary policy
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Saudi Arabian Monetary Authority deposited SAR 30 billion for banks and financing companies to delay the payment of dues to the financial sector from small to medium enterprises for six months as of its date.
Full details here: http://www.sama.gov.sa/en-US/News/Pages/news-514.aspx