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Tunisia allots $10.4m to ‘social and solidarity economy’

The budget will be used for 3 years from 2022
  • Minister of Employment and Vocational Training Nasreddine Nsibi said this during a seminar
  • The Minister stressed that the social and solidarity economy will allow the creation of new jobs

Tunisia has devoted a budget of 30 MD ($10.4m) to the social and solidarity economy for the next three years.

Minister of Employment and Vocational Training Nasreddine Nsibi said this during a seminar organized on Friday by the Association of Tunisian Universities and Colleges (ATUGE).

He noted the legislation on social and solidarity economy and its application texts require an in-depth analysis according to a participatory approach with all stakeholders.

Also, he added that the presidency of the government has submitted the proposal of modification of this text to all ministries, a statement issued by the ministry said.

The Minister stressed that the social and solidarity economy will allow the creation of new jobs as this sector is based on collective initiative.

It gives priority to the humanitarian aspect and democratic management, he added.