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Sharjah ruler clears debts of AED76 million for 134 citizens

Sheikh Sultan bin Muhammad Al Qasimi directed SDSC to approve the amount of AED76,755,000 to be paid off

Sharjah UAE
Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah

On Monday it was announced that the Sharjah Debt Settlement Committee (SDSC) has approved an amount of over AED76 million to pay off the debts of 134 of the cases presented, this was done in implementation of the directives of Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.

The head of Emiri court and Head of SDSC, Rashid Ahmed bin Al Sheikh confirmed that the committee approved an amount of AED76,755,000, to pay the debts of 134 cases within the 23rd batch.

Earlier this year, an amount of AED36.9 million was approved to pay off the debts of 78 Emirati citizens within batch 22.

The Head of SDSC noted that the total amounts processed from the first batch until the 23rd batch amounted to AED978,254,153 and the total number of beneficiaries reached 1961.

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