31.9 C
Tuesday 22 June 2021
HomeNewsTunisia: Deposit and Consignment Fund launched

Tunisia: Deposit and Consignment Fund launched

The Deposit and Consignment Fund (DCF) was launched, on Thursday, on the occasion of the DCF Supervisory Committee’s first meeting.

Participants in this meeting discussed the DCF’s agenda, notably the creation of three permanent committees, namely the risks committee, the resources and employment committee, and the audit and control committee.

The meeting also provided the opportunity to approve of the status and the internal rules of the DCF and to review the cooperation and partnership agreements to be signed by DCF and such sides like the Finance Ministry, the Tunisian Post and the French Deposit Fund.

Chairing the meeting, Finance Minister Jaloul Ayed stressed the DCF’s role in stimulating investments, supporting enterprises and creating jobs.

He pointed out that the creation of this new mechanism, at this delicate period, will undoubtedly heighten the investment pace and send positive signals to the Tunisian as well as foreign investors.

The Minister underlined that the DCF has come to support the State’s efforts in investment, notably in the field of infrastructure and large-scale projects, adding that launching of this investment instrument will contribute to reduce the recourse to foreign indebtedness


Please enter your comment!
Please enter your name here

- Advertisement -