ANSEJ projects financing will not stop

General Manager of the National Agency for Youth Support and Employment, Mourad Zemali, refuted the omission of debts for the beneficiaries from ANSEJ projects.

He dispelled fears of thousands of youth, who wish to take advantage in the future from ANSEJ; the government will not stop its funding at the decision of the President of the Republic.”

Influx of hundreds of youth every day to the ANSEJ agencies in many provinces of the country in the recent period, and the protests that were launched by the beneficiaries from the loans, asking for debt omission, forcing the agency’s General Manager to announced, through a press statement on Wednesday, that what is promoted about stopping the financing of ANSEJ projects are just unfounded rumors.”

“We cannot respond to the demand of the ANSEJ beneficiaries through permanent omission, because it is incompatible with the economic approach and the spirit of entrepreneurship. Small institutions are suffering from a severe financial crisis that will have a private monitoring by ANSEJ until the repayment of debts.”

A significant number of ANSEJ beneficiaries confirmed that they were unable to repayment, and organized several sit-ins in the country provinces.