Nayrouz News Agency : The Development and Employment Fund (DEF) has started to remove
provisional attachment placed on the moveable and immovable assets of
borrowers and their guarantors contingent on debt rescheduling as set
forth in a related cabinet decision.
In a statement Monday, DEF
chairman and Minister of Labor Ma'en Qatamin said that the move aims to
enable debtors to afford "soft and easy" monthly installments on their
loans given the current economic and financial hardships.
He said
that the individual and group loans that borrowers obtained from the
fund were part of a package of measures aimed at reducing the burden on
citizens in light of the coronavirus pandemic and its repercussions on
individuals and enterprises.