The Saudi Central Bank (SAMA) has announced the extension of the Deferred Payment Program — one of SAMA"s Private Sector Financing Support Programs — for three more months from January 1, 2022 to March 31, 2022, for the benefit of micro, small and medium enterprises (MSMEs) that continue to be affected by the COVID-19 precautionary measures. The move was based on the assessment of the financing entities. Since its launch on March 14, 2020 to date, the Deferred Payment Program has benefited more than 107,000 contracts with a total value of SR181 billion in deferred payments. — SPA