Home » News »   02th April 2019

ACAD Finance participates in a wide meeting with President Mahmoud Abbas

As a representative of ACAD Finance, the executive manager Mr. Samir Barghouthi participated on Wednesday (27/03/2019) in a wide meeting with the directors of specialized Finance Companies and Palestine Investment Fund, which was held with President Mahmoud Abbas. The meeting reviewed the important achievements accomplished by Finance Companies in partnership with Palestine Investment Fund in supporting the national economy and enhancing small and micro enterprises. The President appreciated the role of Finance Companies and their important contribution in supporting the national economy, creating job opportunities, and adopting a strategy of self-reliance rather than depending on aid and grants or waiting for government jobs.

The President created a presidential committee to study the possibility of reducing the tax burden on specialized Finance Companies because of the nature of the social role they play in addition to the high risk they face.