describing what the Saudi Arabian government did to fight the impact of COVD-19 on commercial contracts, and then tell what other countries did.
Start describing what the Saudi Arabian government did to fight the impact of COVD-19 on commercial contracts, and then tell what other countries did.
You can work on these three measures:
1-The deferment of tax payment.
2- Supporting SMEs
If you find better measures than I provided ,go ahead and work on them.
NB: Keep to Saudi Arabia as the main focus of the essay, but when discussing measure after measure simply say one or two sentences something like ” most countries introduced similar measures with the exception for example China or whatever.
*After each measure, it is important to show the following:1- Does business agree with the measures, do they think it’s a good idea? 2- Did these measures proven to have an effect? to be effective.
NB: Do not introduce these measure only, Are these measures working? Are they effective?
*Saudi Arabia is quite a rich country which means there is a lot of money which can be spent. Does this make the measures different from other countries? May be Saudi Arabia have more fund and could afford to have measures which are different from other countries.
about 1500 words.
The references no less than 10
Answer preview
Saudi Arabian government has taken another measure for supporting small and medium-sized businesses. It has focused on increasing the liquidity to its farms (Fusco, 2020, p. 2) by allocating stimulus package. For instance, $15 billion, out of the Saudi Arabian stimulus package, was set aside for banks to support private companies (AlHumaid Ali, & Farooq, 2020, p. 505). Since most small and medium-sized businesses are private companies, the measure was beneficial to small businesses because the owners could access funds for continuing with their business operations. It is because COVID-19 came with difficulties, including a lack of customers, meaning that small businesses are not generating income as before. Therefore, the measure may help businesses acquire funds to complete contract obligations they might have already agreed on before COVID-19 became a pandemic. Similarly, the Chinese government has also adopted the same measure to ensure that the pandemic does not ruin small and medium-
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