UAE President waives 222 citizens from debts worth Dh139 million

Abu Dhabi: The Nationals Defaulted Debts Settlement Fund (NDDSF) has exempted 222 Emirati citizens from debts totalling Dh139 million, in a move aligned with the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the ongoing follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court.

The initiative reflects the leadership’s commitment to removing obstacles faced by Emirati citizens and promoting social welfare and economic stability across the nation.

In a statement, the Fund affirmed that the initiative embodies the vision of the UAE’s wise leadership in supporting citizens, ensuring them a dignified and stable life, and contributing to broader social development. It aims to ease financial burdens, especially for retirees and social security beneficiaries, enhancing their quality of life and family stability.

The initiative falls within the UAE’s comprehensive vision for sustainable development — one that seeks to foster a cohesive, prosperous society by prioritising support for those who have served the nation and those most in need.

This decision benefits 132 citizens from the pensioners category, with debts totalling over Dh86.476 million, and 90 citizens from the social security category, amounting to more than Dh53.403 million.

The Fund emphasised that the initiative reflects the President’s commitment to easing the financial burdens of citizens and his wise vision to ensure decent living conditions for the people of the nation. It also aims to enhance their quality of life, support family and societal stability, and uphold the values of solidarity and mutual support that define Emirati society.