Amman: The Social Security Corporation (SSC) renewed its call for indebted establishments to benefit from its Board of Directors’ decision to extend the 0% interest waiver on debt instalments. The deadline ends on June 30, while the ultimatum granted for Jordan’s tourism sector businesses falls on December 31.
According to Jordan News Agency, the SSC has facilitated procedures for outstanding payments for businesses, allowing a repayment period of up to 120 instalments. This initiative is designed to address the financial circumstances of these businesses, assisting them in maintaining their economic activities for the benefit of society and citizens.
For businesses within the tourism sector, the SSC has extended additional benefits, permitting them to pay their debt instalments over a period of up to 180 tranches. This decision aims to alleviate the significant impact on Jordan’s tourism sector, which has faced challenges due to regional circumstances adversely affecting tourist activity and the sector’s work environment.
The SSC also noted that establishments with an existing active installment or rescheduling agreement can take advantage of this waiver by submitting a rescheduling request.