The European Union has recently adopted a financial assistance package worth €305 million to Tunisia, which is the highest amount ever allocated under the European Neighbourhood Instrument.
The European Union has recently adopted a financial assistance package worth €305 million, which is the highest amount ever allocated to Tunisia under the European Neighbourhood Instrument. This record financing reflects the EU’s strong ambition to create better chances for the Tunisian youth, facilitate a more flourishing and attractive business environment and enhance the capacities of local governments to improve the living conditions of local populations.
Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, said: “Our commitment to the Tunisian society and our intention to support measures that will help young Tunisians find work and create their own businesses is clear. Support to actions that will bring economic growth and provide more job opportunities is a top priority in our newly adopted assistance to Tunisia, worth €305 million, the highest amount ever for a single year. The adopted programmes will facilitate access to the job market for young Tunisians, boost entrepreneurial innovation and ensure that local communities are not left behind.”
More specifically, the newly adopted €305 million financial assistance comprises, among others, the following programmes:
- The “Youth in Action” programme (€60 million) will improve the economic, political, and social inclusion of the most vulnerable among Tunisian youth. It will (i) contribute to a better access for young people to the job market, through skills development, (ii) invest in culture and sports and (iii) improve policy participation of young people at the local level.
- The “EU4Innovation” programme (€15 million) will contribute to the strengthening and structuring of the Tunisian innovation and entrepreneurship ecosystem. More specifically, it will (i) improve the services available to start-ups and entrepreneurs and (ii) support the implementation of an enabling regulatory environment for innovative entrepreneurship and start-ups.
- The “Support to local governance” programme (€70 million) will support Tunisia’s efforts to boost local development and reduce regional and local disparities as part of its decentralisation process. Actions will (i) improve living conditions for local populations through a better access to basic services, (ii) support and build the stakeholders’ capacities and (iii) provide analysis and dissemination of good practices.
€160 million have been allocated to various programmes and actions supporting key economic sectors (private sector and urban development, culture and tourism) and the modernisation and reform of the Tunisian public administration.
