EU provides €70 million to support socio-economic reforms and tourism in Tunisia
December 21, 2015
The EU will provide a further €70 million to support Tunisia’s socio-economic reforms and its tourism sector. This programme aims to accompany socio-economic reforms and to maintain short and medium-term economic stability.
In particular, it will enhance the effectiveness and the quality of public spending, supporting actions that will specifically contribute to the implementation of the new “Organic Budget Law” and the introduction of measures to accompany public finance reforms.
In addition, in response to the terrorist attacks which severely affected the tourism sector, the programme foresees specific measures in support of this key pillar of Tunisia’s economy. It will foster the implementation of emergency measures for the tourism sector, notably through a reduction in financial burdens stemming from taxes and social security contributions. (EU Neighbourhood Info)