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Thursday, 9 April 2020

Gov’t grants 6-month debt, utilities payment holiday for tourism companies, hotels, airlines

CABINET WATCH- The Madbouly Cabinet approved yesterday a six-month debt and utilities payment holiday for tourism companies, hotels and private airlines, according to a statement. Payments will resume from October.

Other decisions from Wednesday’s meeting:

  • Unifying the format of contracts for the public and private sectors, with clear clauses for termination and the domestic use of imported technologies.
  • Implementing the 2012 Protocol to Eliminate Illicit Trade in Tobacco Products, which requires all businesses and individuals involved in the tobacco supply chain to obtain a license for their activities. The move is meant to crack down on the trade of illicit tobacco products by tracking their movements and points of origin.

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