Connect with us

UAE News

Sharjah Ruler Allocates Dh69.4 Million to Clear Debts of Citizens

Sharjah Ruler Allocates Dh69.4 Million to Clear Debts of Citizens

In a compassionate move aimed at providing relief to its citizens, His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, the Ruler of Sharjah, has approved Dh69.4 million to clear the debts of 131 individuals. This initiative, spearheaded by the Sharjah Debt Settlement Committee (SDSC), underscores the commitment of the emirate’s leadership to ensure the well-being and stability of its residents.

The announcement, made in line with the directives of His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, reflects the government’s proactive approach to addressing financial challenges faced by its citizens. Rashid Ahmed bin Al Shaikh, Chairman of Al Dewan Al Amiri and SDSC, confirmed the approval of Dh69.4 million within the 26th batch of debt settlements.

The funds will go towards relieving the financial burden of 131 individuals who have been involved in various financial cases. By providing this assistance, the government aims to offer a fresh start to those grappling with debt and ensure they can lead stable and dignified lives.

Since the inception of the debt relief program, the Sharjah government has processed a total of Dh1.196 billion across 26 batches. This significant allocation has benefitted a total of 2,343 individuals, highlighting the substantial impact of the initiative on the community.

The Sharjah Debt Settlement Committee continues to demonstrate its commitment to supporting its citizens by addressing financial challenges head-on. Through initiatives like these, the government aims to alleviate financial stress and promote economic resilience among its residents.

The decision to allocate funds for debt clearance underscores the leadership’s dedication to the welfare of its citizens. By prioritizing the financial stability of its residents, Sharjah aims to foster a supportive environment where individuals can thrive and contribute positively to society.

This compassionate gesture reflects the values of empathy and solidarity embedded within the leadership of Sharjah. As the government continues to prioritize the well-being of its citizens, initiatives like debt relief programs play a crucial role in ensuring a brighter and more secure future for all residents.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *