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JPRC exempts Irbid municipality from JD700,000 debt interest

By JT - Apr 11,2018 - Last updated at Apr 11,2018

AMMAN — The Greater Irbid Municipality and the Jordan Petroleum Refinery Company’s (JPRC) board of directors on Wednesday signed an agreement, under which the latter exempts the former form JD700,000 of interests on debts that date back to 10 years.

The agreement ends a dispute between the two sides over debts that amount to JD2.55 million, the Jordan News Agency, Petra, reported. Irbid Mayor Hussein Bani Hani said that the exemption decreased the debt to JD1.850 million. 

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