Decree organising creation of support fund for SMEs will be published next week (Taoufik Rajhi) | Tunisia News Gazette

Decree organising creation of support fund for SMEs will be published next week (Taoufik Rajhi)

The decree organising the creation of a support fund for small and medium-sized enterprises (SMEs) with an amount of 100 thousand dinars, will be published next week, announced the minister-advisor to the Prime Minister, in charge of monitoring major reforms, Taoufik Rajhi.

Speaking during a regional conference on “the new law on investment: reality and prospects” organised Saturday, by the regional observatory for development of Gabes, in collaboration with the Tunisian Union of Industry, Trade and Handicrafts (UTICA) and the South East Chamber of Commerce and Industry (CCISE), he added that the government is working to boost investment through the establishment of infrastructure, the development of the legislative framework, the strengthening of the Public-Private Partnership (PPP) and support for SMEs.

He recalled in this context the major economic and social reforms put in place by the government, citing the law on investment, tax reform, the reform of social funds, the civil service, the administration and the social security system of subsidy.

It also aims to develop social integration and the protection of vulnerable categories, through the promulgation of a social security law, the preservation of the commodity subsidy and the adoption of active labour market policies of employment.

Rajhi pointed out that several incentives and benefits have been granted under the new investment law to boost export, adding that the law also provides for a bonus for young people who want to settle for their own account.

Businessmen attending the meeting stressed that these incentives are not sufficient and do not favour the creation of projects, calling for solving the problems that slow down investment, in particular, the slowness of administrative procedures, the lack of specialised labour and weak infrastructure in regional development areas.

Source: TAP News Agency

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