Algeria : Portion of debts of ANSEJ and CNAC beneficiaries erased

  • 07 September 2017 / News / 519 / Emerging Africa


Algeria : Portion of debts of ANSEJ and CNAC beneficiaries erased

A portion of young entrepreneurs’ debts under the ANSEJ and CNAC schemes will be erased, said Mourad Zemali, Minister of Labor of Employment and Social Security.


The decision came into force today after the signing of an agreement between the ANSEJ, the CNAC and the Association of Professional Banks and Financial Institutions.

This debt cancellation concerns the beneficiaries who created their businesses before March 2011.

 


source: dzbreaking