Speaking during his state of the nation address on Thursday, the President announced the extension of the temporary employer/employee relief scheme (TERS) until 15 March 2021.
It should be noted that the extension will only be for those sectors that have not been able to operate.
The conditions of the extension and specifications around which sectors will be announced later when consultations are concluded at NEDLAC.
SEESA will follow this extension closely and will make an update of any new developments on this subject.
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