EIB World: strong engagement in Tunisia with €215 million in new funding in 2022
February 22, 2023
During a press conference, the European Investment Bank (EIB), the financial arm of theEuropean Union, announced that it has mobilised over €2.5 billion in funds for projects promoting sustainable, inclusive economic growth and job creation in Tunisia since 2011. Two thirds of this funding went to the state and public enterprise for use in investment projects, while one third was earmarked for supporting SMEs, VSEs and micro-enterprises and the industrial sectors in Tunisia.
This makes Tunisia the largest beneficiary of EIB loans (per inhabitant/GDP), in the world (outside the European Union).
“Supporting development is a priority for the EIB. That is why we launched EIB World, our new branch dedicated to our work outside the European Union, in order to strengthen our partnerships and support projects with a strong economic and social impact. In 2022, our actions in Tunisia focused on energy supply and food security in response to urgent needs in these areas, as a result of climate change and the worldwide grain crisis. ” said Mr. Ricardo Mourinho Felix, Vice-President of the EIB. He adds: “In 2023, the EIB remains committed to responding to the needs and priorities of Tunisia. ”