Start of 2nd phase of national campaign to promote private initiative | Tunisia News Gazette

Start of 2nd phase of national campaign to promote private initiative

Secretary of State to the Minister of Vocational Training and Employment in charge of Vocational Training and Private Initiative Saida Lounissi announced Wednesday in Tunis, the start of the 2nd phase of the national campaign to promote private initiative.

Lounissi pointed out that this campaign, which targets women with project ideas, is part of the implementation of the national private initiative strategy adopted on December 22, 2016 and aimed at promoting the spirit of initiative and to facilitate access to finance in addition to the simplification of administrative procedures through notably the development of a specific legal framework to private initiative to help small businesses move from the informal sector to the formal sector.

The secretary of State said that the project promoters face several difficulties such as access to funding, the multitude of stakeholders (public structures and civil society) and the absence of a legal and institutional framework organising the social and solidarity economy.

She pointed out that this phase is aimed primarily at promoting women’s private initiative to strengthen women’s participation in the job market and combat the unemployment of female graduates who, according to the figures of 2017, amount to 179 thousand against 50 thousand in 2007.

Lounissi specified that the Tunisian Solidarity Bank (BTS) had financed in 2017 and as part of the 1st phase of this campaign over 13 thousand small businesses that generated about 17 thousand jobs.

Taking the floor, U.K. ambassador to Tunisia Louise De Sousa asserted her country’s support to the development of the investment in Tunisia which knows economic changes and needs financing to encourage the private initiative, specifying that experts and skills have been mobilized to train project promoters.

For her part, Raoua Ben Kram, a young promoter, head of an interior decoration project, said that she had received as part of the campaign, an assistance and a credit from the BTS worth 25 thousand dinars. “Today, my project is on the right track and I have even hired others to work with me,” she pointed out.

Other success stories of young promoters who received assistance and funding as part of the national campaign to promote private initiative over the past year were also presented in a documentary film screened on the occasion.

Source: TAP News Agency

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