Coronavirus: Government announces measures to reduce the impact on the private sector

1. Providing additional stocks of basic food commodities.
2. Availability of warehouses available with government agencies for the private sector free of charge for stocking food commodities for the next six months.
3. Restaurants are exempted from tourist and municipal tax until the end of August 2020.
4. Commercial establishments are exempted from municipal fees until the end of August 2020.
5. All loan installments of small and medium enterprises will be postponed and due to be paid by the Refund Fund within the next six months.
6. All loan installments payable to the Oman Development Bank and been deferred during the next six months
7. Response by the Oman Development Bank and Al-Rafd Fund to the credit facilities approved by the Central Bank of Oman
8. Factories in industrial cities are exempted from paying rents for a period of three months.
9. Companies are exempted from fees taken for renewing commercial license within the next three months
10. Directed the car sales agencies and finance companies to postpone car payments for a period of three months according to the circular issued by the Central Bank of Oman.
11. Reducing handling, shipping and unloading fees at ports.
12. Reducing air freight charges on food products and medicines.
13. Invite the owners of the commercial centers and the owners of commercial real estate to work to observe the current conditions of their rented stores affected by the precautionary measures, whether by exempting, reducing or postponing the rents during the current period, and in coordination with the competent authorities.