Interim Measures to Support a Number of Selected Sectors

The Minister at the Prime Minister's Office and Second Minister of Finance and Economy in the press conference announced that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented for the update of interim measures to support a number of selected sectors in addressing the challenges of the COVID-19 outbreak in the country. Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd Amin Liew bin Abdullah explained that the interim measures takes effect from the 1st of August 2021 until the 31st of December 2021.

First is the deferment of TAP and SCP contribution payments for local employees with income of 1,500 dollars and below per month at affected sectors in the micro, small and medium enterprise, MSME category with total number of employees not exceeding 100 people, and this goes until the 31st of December 2021. The contributions will be paid by the government first to ensure the payment of annual dividends to employees in the private sector is not affected. Companies allowed to make deferment of TAP and SCP contribution payments are required to pay the government back within a year after the period ends. Secondly is subsidised salary payment by 25 per cent to local employees at MSME's with a total number of employees, not exceeding 100 people, from the 1st of August until the 31st of December 2021. This aims to alleviate the burden of MSME's especially employees with salary of 1,500 dollars and below per month.

Source: Radio Television Brunei