The Assembly of the Representatives of the People (ARP) adopted, in plenary, on Friday, a draft law of guarantee
of credit between the Banque de l'Habitat (BH) and the African Development Bank (AfDB), for an amount
estimated at 100 million euros (314 MD). This draft adopted with 121 in favour and 22 votes to 7 abstentions,
provide a financing line to SMEs operating in the health, housing
sector social, industrial and renewable energies. Some MPs said they were against this bill concluded
since December 17, 2019, considering that it risks aggravating Tunisia's indebtedness. The Minister of
Development, investment and international cooperation, Mohamed Selim Azzabi is not from
this notice.
"On the contrary, this line of financing will be used to finance companies," he said, recalling that he is
important to control the funding lines and their governance and that the beneficiary companies are
called upon to introduce reforms. This line of funding aims to support the private sector, through the
job creation and increase the productivity of SMEs so that they play their full role in
priority economic areas. Similarly, this credit will strengthen the BCT< efforts to resolve the > liquidity problem and also it finances long-term investments, at interest rates
Acceptable. The BH, it is recalled, is one of the most important commercial banks in Tunisia,
with a budget of 11.9 billion dinars recorded at the end of 2018 The State's contribution in the
capital of this bank amounts to 56.7%