A special fund to create jobs financed by workers

The director general of the fund for the promotion of investment for employment, Mohammed Tissa yesterday declared that this institution has started to collect popular savings for the financing of small and medium enterprises.

• The Algerian finance minister, Karim Djoudi, who chaired the opening ceremony of the information day on the fund, declared that this new tool will enable the financing for the creation of jobs and will enhance the purchasing power of retired employees.
• He added that the small contribution of citizens estimated at 22000 Algerian Dinars per year will increase their retirement allowance.