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Waiving Late Fees and Rescheduling Debts for Up to 10 Years

Waiving Late Fees and Rescheduling Debts for Up to 10 Years

It is clear: judicial follow-ups are an exceptional measure against stubborn investors. The government is considering the possibility of partially or fully waiving late fees for the benefit of struggling micro-enterprises affiliated with the NESDA (formerly ANSEJ), along with launching procedures to reschedule debts and extend loan repayment periods for up to 10 years, aiming to alleviate the financial burdens on these project owners and support them. It emphasizes that resorting to judicial follow-ups remains an exceptional and necessary measure directed at a limited category of stubborn investors. In this context, the Minister of Knowledge Economy, Startups, and Institutions...

Mar 14, 2026echoroukonline.com
Payment of 4774 billion in dues to construction companies before March 29

Payment of 4774 billion in dues to construction companies before March 29

The decision concerns investment expenses for the programs of the Ministry of Public Works and basic infrastructure, providing an additional deadline for administrations to complete financial procedures and settle pending files in an effort to expedite the payment of dues to companies tasked with executing public projects. The government has approved a new measure to extend the deadlines for closing expenditure orders and issuing payment vouchers related to investment expenses under the Ministry of Public Works and basic infrastructure for the fiscal year 2025. This decision, which extends until March 29, 2026, aims to grant the relevant authorities an additional period to complete financial procedures and settle the dues of the concerned companies, as part of efforts ...

Mar 14, 2026echoroukonline.com
New branches and products at the 'Gitex' footwear and leather manufacturing group

New branches and products at the 'Gitex' footwear and leather manufacturing group

The holding company 'Gitex', specialized in textile and leather industries, is working on developing the footwear and leather branch through a series of projects, including the launch of new production units and the revival of others, as part of a comprehensive investment plan aimed at increasing the production capacity of the public group while diversifying products to raise the share of local products in the national market, according to what was stated by the CEO of the group, Tawfiq Barkani. Barkani explained, in a statement to 'APS', that this involves implementing an investment program that includes launching a new production line for sports shoes and leisure shoes at the Akbou and Nqaous units to contribute to enhancing national footwear production and improving the competitiveness of the company's products.

Mar 14, 2026echoroukonline.com

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