Regulatory Alerts2021-11-16
Added · Updated
Central Bank of Jordan Approval for Individual Truck Owners to Access Economic Sector Support and Financing Program
The Central Bank of Jordan approved the inclusion of individual truck owners in its economic sector support and financing program. This authorization specifically applies to owners seeking to update trucks that are more than 20 years old. The approval mandates that these applicants be treated in accordance with the existing conditions and instructions issued by the Central Bank for the transport sector program.
In the Name of Allah, the Most Gracious, the Most Merciful
[Logo of the Central Bank of Jordan] [Logo of the Jordanian Centenary]
Reference No.: 16/3/ 16287 Date: 18 Rabi' al-Awwal, 1443 AH Corresponding to: October 25, 2021 AD
His Excellency, President of the Jordan Chamber of Industry
With reference to your letter No. (938/1/14) dated 2021/10/20 regarding your request to include individual truck owners (families) in the Central Bank's program to support and finance economic sectors, for the purpose of updating their trucks that are more than (20) years old.
I wish to inform you of our approval of your aforementioned request, whereby individual truck owners will be treated for the purpose of updating trucks that are more than (20) years old in accordance with the conditions and instructions issued by the Central Bank regarding the program within the transport sector.
Please accept our highest regards,
[Signature] Dr. Ziad Faris Governor