The United Arab Emirates’ central bank has extended several measures of its Targeted Economic SupportScheme (TESS) until June 30 to support the continued recovery of the country’s economy, the bank said on Saturday.
It said in a statement it was extending the TESS programme to support new lending and financing, as well as prudential relief measures regarding bank’s capital buffers and liquidity and stable funding requirements.
![[FILE IMAGE] Cars are overturned at Johannesburg CBD due to an explosion.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2023/08/SABC-News_Bree-street-explosion_Blain-Herman-120x86.png)
![[File Image] Traffic officers during a roadblock.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2021/12/SABC_News_Traffic_Flickr-1.png){kind=small}
![[File] A multi-disciplinary team consisting of members of the Hawks descended on an unsuspecting illegal mining syndicate in Rustenburg.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2023/09/sabc-news-Hawks-SAPS-120x86.jpg)
