The African Development Bank (AfDB) will make available to Tunisia 1,140 Million Dinars (MD) intended to support the State budget in 2018 and finance some projects in sanitation, electricity and integrated agricultural development in Zaghouan and strengthening the private sector.This amount was revealed at a meeting between Tunisian Minister of Development, Investment and International Co-operation Ziad Ladhari and AfDB Vice President, Regional Development, Integration & Business Delivery Khaled Sherif on Monday.The meeting focused on future areas of co-operation between the two parties, including industrial development, support for private investment and strengthening public-private partnership.Co-operation between Tunisia and AfDB had focused on the sectors of agriculture, communication technologies, infrastructure, education and budget support with financing totaling 1,200 MD in 2017.
The Minister of Development, Investment and International Cooperation, Zied Ladhari, in the presence of Mr. Omar Bahi, Minister of Commerce, and the Swiss Ambassador to Tunisia, Rita Adam, signed today a convention on the Swiss import promotion program (Sippo).
Funded by the State Secretariat for Economic Affairs (Seco), Sippo facilitates imports from countries in transition, such as Tunisia, into the Swiss and European markets. This program is worth almost 4 million dinars and is being implemented by the Swiss contact Foundation to help exporters gain access to new markets.
A first phase of the Sippo program in Tunisia covers the period 2017-2020 with a budget of more than 1.5 million Swiss francs (nearly 4 million dinars). If successful, it may be followed by two subsequent phases of the same duration. Three economic sectors will be covered: high-value fishery products, processed foods and natural ingredients.