27 April 2013
BARDO - The National Constituent Assembly (NCA) adopted on Saturday three draft laws ratifying loan agreements meant to develop the vocational training system, more particularly the country's western and southern regions.
BARDO - The National Constituent Assembly (NCA) adopted on Saturday three draft laws ratifying loan agreements meant to develop the vocational training system, more particularly the country's western and southern regions.
The first loan agreement was signed on September 25, 2012, between the Tunisian Government and the Saudi Fund for Development (SFD).
The 25MTD loan will be repayable in equal six-month instalments at a fixed annual 2% interest rate over 20 years with a five-year grace period.
Partnership with the SFD is part of the vocational training upgrading programme which targets inland regions with weak economic and institutional fabric.
The overall cost of this programme is 140 million dinars.
The NCA has also passed two other bills under which the Islamic Bank for Development grants credit lines which will benefit 7,000 students and trainees in priority regions such as Kef, Sidi Bouzid, Jendouba, Kebili, Gafsa and Tataouine.
© Tunis-Afrique Presse 2013
