1 Day
Source:
وكالة الانباء الاردنية
Jordan Cooperative Benefits from Loan Fines Relief
The Director General of the Jordanian Cooperative Institution announced that the Council of Ministers' decision to exempt 50% of fines and interest on loans for borrowers, on the condition that the principal amount is paid, will help improve the situation of borrowers and their heirs. The total amount of overdue loans stands at approximately 1,600 borrowers, most of whom are deceased, with original debt amounts totaling 4.66 million Jordanian dinars and interest amounting to 1.42 million dinars. The decision encourages borrowers to review the institution and settle their debts by the end of the year, thereby enhancing liquidity and alleviating economic and social burdens on them.
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