16/01/2017 (Agence Europe) – According to a locally published press release on Thursday 12 January, the EU, the World Bank, Switzerland, United Kingdom and Tunisia launched the second phase of the ‘Moussanada’ fund, worth 23 million dinars ($10 millions) in support of Tunisian government reforms. The press release explains that the aim of this initiative is to, “modernise the financial sector and strengthen governance and support for the local authorities through the successful introduction of decentralisation”. The EU was not a stakeholder in the first phase of this fund, which kicked off in the 2014-16 period, with initial funding of $3 million from Switzerland and the World Bank. (FB)