WorldThe World Bank renews its support for Tunisia

The World Bank renews its support for Tunisia


AA / Tunisia / Adel Thabti

The World Bank reiterated on Monday its commitment to maintain its support to Tunisia for the success of its democratic process and the achievement of the economic transition to which it aspires.

This is what emerges from the statements of Ferid Belhaj, vice-president of the World Bank for North Africa and the Middle East (MENA zone), during his interview with Sihem Boughdiri Nemsia, in charge of the management of the ministry. of Economy, Finance and Investment Support, Monday, according to a statement from the Tunisian ministry.

“The Bank is monitoring the development of the situation in Tunisia and the important signals emerging from it in the direction of improving governance and the fight against corruption,” Belhaj said.

He added that “the World Bank continues to work to provide the necessary support for the implementation of economic and social reforms, particularly with regard to social protection programs, as well as projects linked to the support provided to rural women. “

For his part, Sihem Boughdiri Nemsia expressed his “satisfaction with the level of cooperation between Tunisia and the World Bank, which today represents Tunisia’s most important partner in terms of development and support for reforms, that either through the financing of projects or within the framework of budget support. “

Tunisia faces an economic crisis that risks being exacerbated by political instability. The budget deficit for this year is estimated at around $ 6.7 billion, likely to increase due to the passage of the budget providing for a price of $ 45 per barrel of oil, which is far from prevailing prices in the US. world markets (around $ 80 for Brent).

Public finances must also face another burden, since around 15.5 billion dinars (5.6 billion dollars) must be provided for the settlement of the debt, including 10 billion dinars (3.6 billion dollars). dollars) in foreign currency.

Tunisia is going through a political crisis, since President Kaïs Saïed decided, on July 25, to freeze the powers of Parliament for 30 days (extended until further notice), to lift the immunity of deputies and to dismiss the Prime Minister Hichem Mechichi. A new prime minister should be appointed in the coming days.

Only part of the dispatches, which the Anadolu Agency disseminates . (HAS), is disseminated on the AA site, in a summary manner. .

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