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Finance Minister Mohamed Lamine Lbou announced stricter risk assessments and more selective funding for projects through public support programs. The aim is to encourage entrepreneurship while safeguarding banking resources. Public banks have financed more than 700,000 projects, totaling over 1,400 billion dinars, while a significant share of loans remains unpaid. Assessments will consider a project’s economic and financial viability, its owner’s qualifications, and their ability to keep the business running. The minister also emphasized the banks’ role in reviewing projects and moving away from heavy-handed financing. Debt-settlement options include waiving interest and late-payment fees if the principal is repaid, or rescheduling the loan over five years. These measures will be accompanied by greater decentralization of lending decisions and shorter application-processing times.
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