On Wednesday 20 December, the European Union and Tunisia announced the adoption of a €150 million programme to support the Tunisian government’s efforts to stimulate the economy, in particular by improving the management of public finances and the business and investment climate.
This European financial support forms part of the memorandum of understanding for a strategic and comprehensive partnership (MoU) signed by the parties in Tunis on 16 July 2023, which covers five areas: macroeconomic stability, the economy and trade, green energy transition, bringing people together, migration and mobility (see EUROPE 13281/4, 13276/9).
Falling under the first pillar of the MoU relating to macroeconomic stability, this programme will be implemented through budgetary support. This consists of a direct financial transfer from the EU to the Tunisian Treasury to support the Tunisian government in its efforts to promote stable and inclusive economic growth for the benefit of its citizens.
The EU and Tunisia remain committed to working together to implement the five pillars of the MoU and to tackle common challenges in a spirit of solidarity, mutual respect and equal partnership, said the European Commission in a press release. (Original version in French by Lionel Changeur)