New opportunities for youth access to employment

ALGIERS – The Council of the Ministers defined Tuesday several measures destined to foster youth access to employment by offering new opportunities assisted by micro-investments formula.

Chaired by the Head of State Abdelaziz Bouteflika, the Council of Ministers has decided to support the applicants to this formula, through the reduction of their personal contribution as part of the financing of investment, enlargement of maximum ceiling of credit rates subsidy and granting, if necessary, additional credits.

These measures fall as part of the Algerian Agency of Youth Employment Support (ANSEJ) and the national fund of unemployment insurance (CNAC).