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Speeding up adoption of bill on business climate improvement will reduce barriers to investment (Youssef Chahed)

Published the:  14/03/2019

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(TAP) - Speeding up the adoption by the House of People's Representatives (HPR) of the horizontal bill designed to improve the investment and business climate will help reduce the obstacles to investment and improve Tunisia's ranking in the 2020 Doing Business Report, said Prime Minister Youssef Chahed.

Speaking at a panel discussion held Thursday on the fringes of the Higher Investment Council meeting, Chahed recalled that this bill which had been drafted as part of a participatory approach (Government, public structures and private sector) represents an alternative to boost investment.

The objective is to liberate economic sectors and to overcome the obstacles they face, facilitate the Public-Private Partnership and accelerate the pace of projects, he added.

Chahed expressed hope that the bill will be passed as soon as possible to address the obstacles facing businesses and investors.

The bill will be submitted Thursday evening to the HPR Committee of Finance, Planning and Development.

Besides, the PM said the government will sign sector-based pacts as the first public-private partnership (PPP) pact in the textile/clothing sector.

Regardless of the government in place, these pacts will give more visibility to economic sectors, he specified, adding that under these pacts, the State is committed to increasing exports, upgrading infrastructure and developing training centres