National Agency for Entrepreneurship Support and Development: 138 additional files to compensate debts of troubled institutions

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ALGIERS- The National Agency for Entrepreneurship Support and Development “ANADE” (formerly Ansej) announced the acceptance of 138 new files to compensate the debts of enterprises in difficulty, according to a press release issued by the delegated Ministry in charge of micro-enterprises, which confirmed that the process will continue until the completion of the study of all applications.

The statement explained that “in implementation of the new strategic axes taken to re-establish the National Agency for Entrepreneurship Support and Development, as well as to take care of troubled micro-enterprises by compensating their debts or re-launching their activity, according to each case, the 33rd working session of the Guarantee Committee was held, consisting of representatives of the Joint Guarantee Fund to guarantee the dangers of loans granted to young entrepreneurs and the National Agency for Entrepreneurship Support and Development, which is tasked with studying these files.

During this session, held at the agency’s headquarters, 557 files submitted by representatives of the banks of Blida, Boumerdes, Ain Timouchent and Ouargla were studied, as 138 files were accepted for compensation of more than 260 million DA.

entv

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