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الوقائع الإخبارية
Social Security introduces new installment options for business debts
The General Social Security Corporation has announced a package of exceptional measures to reduce the interest rates on installment payments for overdue enterprise debts. The interest rate has been lowered to between 2% and 6.5%, down from the previous 9%. This decision allows private sector establishments, including those in the tourism sector and municipalities, to settle their debts over periods of up to ten years. The application process remains open until the end of this year. Additionally, entities in the relevant sectors can continue to benefit from these new facilitation measures to ensure the continuity of their financial commitments.
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