Jordan confirmed 12 new cases of the coronavirus on Sunday, as the central bank ...
AMMAN - Jordan confirmed 12 new cases of the coronavirus on Sunday, as the central bank announced measures to help troubled businesses and a tourism sector hit hard by the impact of the crisis.
Jordanian officials say the unprecedented measures, which also include closing schools and banning daily prayers in mosques were taken as the epidemic is spreading fast in neighboring Egypt, Syria and Iraq. Central Bank Governor Zaid Fariz told Reuters that Jordan’s commercial banks were also asked to delay payments of loan installments by companies and to allow the rescheduling of retail loans to ease losses by businesses and help individual borrowers.[L8N2B80ZA]
In another move, the central bank slashed compulsory reserves for commercial banks to 5% from 7% to inject more than 500 million dinars of extra liquidity to ease the economy’s woes. The move was the first in nearly a decade, he added.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
12 Political Podcasts to Help You Figure Out What the Hell Is HappeningThe 12 Best Political Podcasts to Listen to Right Now
Read more »
Diplo Songs: 12 Hits You Didn’t Know He Produced | BillboardFrom britneyspears' “Passenger” to TheWeeknd's 'Starboy,' here are 16 songs you didn't know diplo produced
Read more »
Exclusive: Zoom CEO Eric Yuan Is Giving K-12 Schools His Videoconferencing Tools For FreeOn Wednesday, 343,000 people globally downloaded the Zoom app, and 60,000 in the U.S. alone, according to mobile intelligence firm Apptopia—compared to 90,000 people worldwide and 27,000 in the U.S. just 2 months ago by alexrkonrad
Read more »
France reports 12 new deaths from coronavirus taking tally to 91France's Public Health Authority on Saturday reported 12 new deaths from co...
Read more »
12 Telenovelas You'll Want to Stream on Netflix Right NowSwitch it up from powering through OITNB for the third time and watch one of these instead.
Read more »