You are here
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.
Related Articles
The Jordan Petroleum Refinery Company (JPRC) has enough reserves of gas and oil derivatives to last during the current weather conditions, JPRC CEO Abdel Karim Alawin said Wednesday.
Debts owed to the Jordan Petroleum Refinery Company (JPRC) total around JD811 million, its CEO said Wednesday.
AMMAN — Jordan Petroleum Refinery Co.