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Thursday, April 25, 2024 17:6 GMT
Algerian President Abdelmadjid Tebboune gave instructions to exempt young entrepreneurs in difficulty, who benefited from employment support loans, from legal proceedings, said the communiqué issued after the Council of Ministers meeting.“The President of the Republic has given instructions to give a chance to young entrepreneurs in difficulty, who benefited from employment support loans, by exempting them from legal proceedings through a treatment based on an economic approach and according to schedule of debt repayment,” said the source.The head of state also gave instructions to “to unify the management of the National Agency for Entrepreneurship Support and Development (ANADE), the National Agency for Micro-credit Management (ANGEM) and the National Unemployment Insurance Fund (CNAC), and to place them under the supervision of the Ministry Delegate to the Prime Minister, responsible for Micro-enterprise, within one month,” said the source.The Minister Delegate to the Prime Minister, in charge of Micro-enterprise was tasked with presenting a semi-annual periodic census on the number of jobs created, said the communiqué.