News

Annual Action Programme 2011: EU aid to support the economic and political transition process in Tunisia

24-08-2011

Two new financial assistance programmes for Tunisia, for a total of €110 million, have been approved by the European Commission. These two programmes are part of the additional aid provided by the EU to Tunisia following the January 2011 revolution, aimed at supporting the political and economic transition by improving local conditions and developing new sources of employment.

The economic recovery support programme programme (€90 million) supports the measures recently adopted by the Tunisian government. It seeks to reduce inequalities by targeting specifically disadvantaged social groups - the inland regions, unemployed graduates, the poorest families – better governance and job creation. These measures will also be supported by loans from the World Bank, the African Development Bank and the French Development Agency.
The service competitiveness support programme (€20 million) is aimed at increasing the dynamism and competitiveness of the Tunisian economy for national modernisation policies in the services sector. It seeks, among others, to strengthen the institutional capacities of the intermediary organisations and the capacity of Tunisian businesses to develop exports that can compete internationally.
 
On this occasion, Štefan Füle, Commissioner for Enlargement and European Neighbourhood Policy, stated: "The economic recovery support programme demonstrates the European Commission's support for the recovery measures taken by the Tunisian government and its confidence in the future potential of the Tunisian economy. The Commission is determined to support the efforts of the authorities rapidly to restore stronger growth in order to promote job creation, improve social conditions for the most disadvantaged Tunisians and reduce disparities between regions. "
From the outset of the Tunisian revolution, the European Commission has already released further assistance for Tunisia to support the electoral process, civil society organisations, the reinforcement of fundamental freedoms and local development. The Commission is currently drawing up a new Support Programme for less‑favoured areas. (ENPI Info Centre)
 
Read more
 
Press release
 
EuropeAid- Tunisia
 
ENPI Info Centre press pack- The EU and Tunisia
 
ENPI Info Centre - EIB supports Tunisian economic development with €140 million
 
ENPI Info Centre-Tunisia

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