23 Hrs
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الوقائع الإخبارية
Jordan Cooperative Benefits from Loan Penalty Waiver
The Jordanian Cabinet announced a decision to exempt cooperative citizens from 50% of the penalties and legal interest owed to them, provided they repay the principal of their loans and accumulated fines before the end of this year. The decision affects approximately 1,600 borrowers from cooperatives and individuals, with outstanding loan amounts totaling 4.66 million dinars and interest reaching 1.418 million dinars. This measure aims to enhance debt collection, improve the financial status of the cooperative institutions, and alleviate social and economic burdens on borrowers and their heirs, allowing them to settle their financial situations and regain their properties.
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