Social security: Statement regarding decision to cancel installment interest

Social Security Corporation (SSC) announced that there are 27 days remaining until the end of the decision to cancel installment interest on debts.

The institution renewed its invitation for indebted entities to benefit from debt installment with an interest rate of zero percent before August 31, 2024.

It confirmed that this decision to cancel installment interest is a first-time decision in the institution’s history, noting that entities with active installment agreements can benefit from it and apply for rescheduling.