23 Hrs
Source:
وكالة عمون الاخبارية
Al-Zuayt: Trust Deeds to Save 14 Million Dinars
The article discussed the Amman Municipality's plan to reduce debt costs through the issuance of Islamic bonds (sukuk) worth 400 million dinars, which is expected to save approximately 14 million dinars annually by shifting from high-interest loans to Islamic financing with lower costs. The plan also includes issuing new sukuk valued at 300 million dinars in 2027 and 2028 to restructure the debt and achieve financial sustainability. The budget focuses on strategic projects such as developing public transportation, improving infrastructure, and expanding green spaces, all aimed at enhancing the quality of services provided to citizens and strengthening the municipality's financial stability.
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