During a recent meeting with Tunisian Prime Minister Mohamed Ghannouchi, President Zine El Abidine Ben Ali demonstrated his commitment to developing the country’s financial sector, promoting its role in financing future development, and improving the business environment in Tunisia.
The President noted the progress made so far in implementing the policies and measures contained in the presidential program “Ensemble, relevons les défis” (“Together, We Meet Challenges”).
Designed to make Tunisia a regional hub of financial services and investment, these provisions aim to consolidate the structure of the financial sector and corporate investment, to create a public banking center, and to promote new jobs in banking.
The Tunisian President underlined the importance of implementing measures that aim to promote the country’s banking and financial sector services, as regards international standards. He also emphasized the need to improve the means of evaluating both the effectiveness and efficiency of projects, particularly in up-and-coming areas.
President Ben Ali also highlighted the importance of providing the necessary advice and support to developers, and the need to extend the remit of Tunisia’s Solidarity Bank (la Banque Tunisienne de Solidarité – BTS) to include the development of savings investment, to enable local families to finance micro-projects.
In a bid to support the financing of small and medium-sized companies operating within technology sectors, the President ordered the setting up of a collective investment fund.
Finally, the Tunisian President recommended that follow-up measures are established in order to boost the financial market, to strengthen its role in financing economic businesses, and to encourage companies to strengthen their stock market listing.
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