This informs Gulfnews.

According to the agency, the total amount of debt forgiven amounted to 361 million dirhams of the UAE ($ 98 million).

As noted, the purpose of this step is including "ensuring living conditions for citizens and strengthening the financial stability of their families."

It is specified that, thus, the government of the country rendered assistance to more than 3 thousand citizens who had debts to banks.