Economy

Tunisia-Ezzeddine Saidane: 70,000 SMEs have gone bankrupt due to the pandemic

 Economist Ezzeddine Saidane has stated that with the exception of banks and supermarkets the corporation tax is consolidated at 15%. So hundreds of companies are currently in a catastrophic situation for several reasons, including the remains of the coronavirus pandemic and lockdown, he explained.
The said companies proceeded to spend money despite their shutdown during this period. The state should have injected the required sums to permit these companies to withstand economic difficulties and to stop the people working in them from becoming unemployed, as was the case in many countries. But it didn’t, denounced the economist.
Result: The figures currently indicate the bankruptcy of approximately 70,000 SMEs due to the pandemic. In addition, companies are now unable to resort to bank loans because the banks’ favour granting loans to the state, said Ezzeddine Saidane.
R

Leave a Comment
Share
Published by
R
Tags: Ezzeddine saidaneTunisia
3 années ago

Recent Posts

First partner in sub-Saharan Africa, Tunisia strengthens its trade with Senegal

By:Mohamed Ben Abderrazek  Senegal places itself as Tunisia's leading trading partner in sub-Saharan Africa, earning…

11 heures ago

Tunisia – Magnitude 2.3 earthquake in Gafsa

The seismic monitoring stations of the National Institute of Meteorology registered an earthquake this Wednesday,…

12 heures ago

Slovak PM Fico’s condition ‘extremely serious’

Slovak Prime Minister Robert Fico is currently undergoing surgery and his condition is "extremely serious,"…

12 heures ago

Tunisia – Sfax: Several injured in clashes between sub-Saharan migrants

“Al-Hamaizia” region of the Al-Amra delegation in the governorate of Sfax saw this evening, Wednesday,…

12 heures ago

Tunisia – Belaati: Sfax seawater desalination plant operational next month

The Minister of Agriculture, Water Resources and Fisheries, Abdel Moneim Belaati, stated that he was…

13 heures ago

Wataniya: Sunday’s meal will be expensive, Management holds culprits

The culprits were vigorously sought within National Television (Wataniya) and they will pay dearly. I…

13 heures ago

This website uses cookies.