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Home » Sharjah’s Debt Settlement Committee passes $14.05mn to settle citizen debts

Sharjah’s Debt Settlement Committee passes $14.05mn to settle citizen debts

The recent move by the authority is in line with the directives of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at providing a stable and decent life for the citizens.
Desk ReporterBy Desk ReporterNov 28, 2021
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Sharjah's Debt Settlement Committee _ Sheikh Sultan bin Muhammad Al Qasimi
Sheikh Sultan bin Muhammad Al Qasimi
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Sharjah: In an attempt to revitalize the lives of the citizens in the Emirate, the Sharjah Debt Settlement Committee (SDSC) has approved a sum of $14.05 million towards the settlement of 131 cases of debts owned by citizens which were presented to the authority for consideration.

The recent move by the authority is in line with the directives of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at providing a stable and decent life for the citizens.

Commenting on the SDSC move, Mr. Rashid Ahmed bin Al Sheikh, Chief of the Sharjah Emiri Court and Head of the Committee, confirmed that the committee has approved, within the 21st batch, the payment of the debts of people from various categories, amounting to $14.05 million.

Mr. Rashid Ahmed bin Al Sheikh
Mr. Rashid Ahmed bin Al Sheikh

The Chief of the Sharjah Emiri Court and Head of the Committee further added that as much as 1,707 citizens have benefited from the Committee’s debt repayment process so far, amounting to $228,255,409 in debts being processed and settled.

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The above news/article was published by a desk reporter at Emirati Times who sourced, compiled, and corroborated this content. For any queries or complaints on the published material, please get in touch through WhatsApp on +971 5060 12456 or via Mail (at) Emirati Times (dot) com

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