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Tunisia

Tunisia is a partner country within the European Neighbourhood Policy (ENP). This country page contains, or links to, DG ECFIN’s recent analytical work on the economy of Tunisia.

Economic Analysis

Economic Dialogue

The EU held its last Macroeconomic Dialogue with Tunisian authorities in Tunis in February 2014. The European Commission presented the EU economic outlook based on the winter 2014 economic forecast. The Tunisian authorities discussed recent macroeconomic developments in their country and reviewed the state of play of key reforms and progress made under the IMF programme. The meeting also provided the opportunity to consider issues related to public finance management, taxation and bilateral cooperation.

The next meeting will take place in Brussels in spring 2015 (to be confirmed).

Macro-Financial Assistance

Following a request by Tunisia, the European Commission proposed in December 2013 up to EUR 250 million in medium-term Macro-Financial Assistance (MFA) loans (read the proposal here pdf Choose translations of the previous link ).  The aim of the MFA loans is to help Tunisia overcome severe economic difficulties caused by the weak external economic environment and the political transition process following its 2011 revolution; the MFA should also help Tunisia cover its external financing needs in 2014 and 2015. The European Parliament voted on 16 April and the Council on 6 May 2014 the adoption of the MFA and to increase the amount to EUR 300 million (read the Decision here).

The MFA should reduce Tunisia’s short-term financial vulnerability and support reform measures designed to improve the country’s balance of payments and the government’s budget, over the medium term. It should also encourage reforms aimed at improving the investment climate and fostering trade and regulatory convergence with the EU, thereby supporting the ultimate objective of creating the conditions for sustainable and inclusive economic growth.

An ex-ante evaluation of the MFA programmepdf Choose translations of the previous link  was conducted in 2013.

Press releases

15 April 2015: EU approves disbursement of EUR 100 million in Macro-Financial Assistance to Tunisia
04 September 2014: €300 million Macro-Financial Assistance package signed

Related EU Policies and Activities

The links below provide additional information on EU-Tunisia relations:

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