MUSCAT: If the monthly wages of Omani employees in private sector companies are deducted, they are allowed to postpone the repayment of their bank loans and other financial loans without interest, Supreme Committee said on Wednesday. 

According to the new decisions taken by the Supreme Committee, private sector companies can negotiate with employees on salary reduction for three months provided they reduce the working hours. In this context, the Supreme Committee has allowed Omani employees to defer their bank loan EMIs. 

“Omani workers can postpone the repayment of bank loans and various financing loans if their salaries are deducted by private sector companies without interest and without additional fees,” the statement from the Supreme Committee said.