UTICA calls on government to apply law to resume GPC's activites | Tunisia News Gazette

UTICA calls on government to apply law to resume GPC’s activites

The Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) called on the government to apply the law so as to protect the national economy from collapsing especially after the cessation of the activity of the Gafsa Phosphate Company (GPC), one of the most important companies that contribute to the country’s reserves in foreign currencies and to open the public companies’ file in order to stop their losses.

In a statement published on Monday, UTICA further expressed deep concern about GPC’s situation whose activities have stopped completely which aggravates difficulties facing public finances and degradation of the country’s reserves in foreign currencies that have dropped to their lowest levels.

The Confederation further stressed the need to review the public enterprises’ file and to find solutions to stop the losses assumed by the national community as individuals and economic enterprises on which new taxes are applied to cover the deficit of these public enterprises and to remedy the chronic malfunction of their financial balances.

Source: TAP News Agency

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