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Education employees will get 100,000 DZ loan to buy cars and houses

Education employees will get 100,000 DZ loan to buy cars and houses
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The national commission of education community services will grant loans for employees to buy a house, a car and for wedding expenses as well.

The commission will seal an agreement with Algerie Poste to deduct from employees’ salary, said its chief Mustapha Benouis.

“All the community services will be applicable including loans for cars, houses and wedding expenses. The sum will be same and will not be raised,” he told Echorouk.

“Many points will be taken in consideration during the general assembly. The national program for community services will be set. Sixty percent of the annual budget is allocated to retired employees who will benefit from an allowance estimated at 250,000 DZ,” he added.

 Employees will be offered a 500,000 DZ-loan while 10,000 DZ will be deducted from their salary every month.

They also can benefit from an “exceptional loan” of 150,000 DZ and 5,000 DZ will be deducted from their salary per month.

A total of 5,000 DZ will be deducted from the salary of employees who are granted a loan for wedding expenses.

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