Al-Daman Offers Debt Repayment Support
The Jordanian Social Security Corporation announced a decision encouraging owed enterprises to settle their debts by reducing installment interest rates through the end of 2026. The decision allows complete removal of interest for those who pay an initial deposit of at least 25% of their owed amount, while interest is reduced to 1% for those paying 20%, and to 2% for those paying 15%. This measure aims to support businesses and facilitate debt settlement while safeguarding workers' social insurance rights.
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