European Union provides €300 million in macro-financial assistance to Tunisia

31-05-2021
EU-Tunisia flags
EU-Tunisia flags
Copyright: EU Delegation to Tunisia

The European Commission will provide €300 million to Tunisia on 1 June as part of its €600 million macro-financial assistance (MFA) programme in response to the COVID-19 crisis.

This MFA will help Tunisia through difficult times, both meet its significant financing needs, and have additional resources to mitigate the socio-economic consequences of the COVID-19 pandemic.

This payment is in addition to the €240 million in grants already made to the Tunisian budget in 2020 for various sectoral support programmes.

EU Ambassador to Tunisia Marcus Cornaro said: "This €300 million disbursement comes at an important time as Tunisia needs financing to continue to address the social and economic impact of COVID-19. This is further proof of the EU’s unwavering support for its Tunisian partner.[..] The EU also supports ongoing efforts to achieve a plan of structural reforms on which the government and all its partners must commit. These reforms will enable Tunisia to meet its challenges, particularly financial ones, but above all, will offer new job prospects and future for all in Tunisia.”

 

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Press release

Macro-financial assistance to Tunisia

EU Delegation to Tunisia – website and Facebook page