Shura Office discusses bank loan repayments issue of citizens
By: Times News Service
Muscat: The Majlis Al Shura Office discussed the opinion of the Economic and Financial Committee on the postponement of bank loan repayments of citizens, be they personal, consumer or housing loans.
This was done to mitigate the impacts of COVID-19 pandemic on the incomes of citizens and in a way that does not negatively affect the health of the banking and financial sector.
During the meeting, the Majlis Al Shura members discussed the proposal to create a new article in the Traffic Law with the right of the owner to cancel registration of the vehicle or to suspend its licence as there is no article in the law which handles final cancellation or temporary suspension of the vehicle licence and the mechanism for reactivation of the licence when required.
أخبار الخليج | رئيسا النواب والشورى: المبدعون البحرينيون يقدمون صورة حضارية عن قيم المملكة وإنجازاتها
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أخبار الخليج | رئيس مجلس الشورى: المبدعون البحرينيون مستمرون في تقديم صورة حضارية عن قيم المملكة وإنجازاتها
akhbar-alkhaleej.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from akhbar-alkhaleej.com Daily Mail and Mail on Sunday newspapers.