G20 Compact With Africa

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    • The G-20 Compact with Africa: A Joint AfDB, IMF and WBG Report
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    • Germany and IMF Strengthen Capacity Development Cooperation in Africa
    • G20 Com­pact with Africa
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    • Toolbox: Instruments Avlb. to Support Private Investment in CWA Countries
    • Toolbox 2: Instruments Avlb. to Support Private Investment in CWA Countries
    • Africa Advisory Group Meeting - Chairs' Conclusion - May 2020
    • CWA Recent Trends in FDI and Cross-Border Investments - Oct 2019
    • CWA WBG - Implementation Plan - Oct 2019
    • G20 CWA - Independent Review by the African Center for Economic Transformation - Oct 2019

      Documents

      • The G-20 Compact with Africa: A Joint AfDB, IMF and WBG Report
      • Ger­many, the G20, pro­tec­tion­ism and the Com­pact with Africa
      • Germany and IMF Strengthen Capacity Development Cooperation in Africa

      Documents

      • G20 Com­pact with Africa
      • G20 Finance Ministers and Central Bank Governors on Compacts
      • Toolbox: Instruments Avlb. to Support Private Investment in CWA Countries
      • Toolbox 2: Instruments Avlb. to Support Private Investment in CWA Countries

      Documents

      • Africa Advisory Group Meeting - Chairs' Conclusion - May 2020
      • CWA Recent Trends in FDI and Cross-Border Investments - Oct 2019
      • CWA WBG - Implementation Plan - Oct 2019
      • G20 CWA - Independent Review by the African Center for Economic Transformation - Oct 2019
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Tunisia

Tunisia

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Tunisia has preserved macroeconomic stability and initiated fiscal and banking reforms, amidst a challenging political and external environment. Tunisia offers a functional and stable democracy, young and literate population, and a government supportive of reforms. The authorities five-year economic vision 2016-2020 aims at promoting stronger and inclusive growth and includes five pillars—of which the main driver is private sector development: effective public institutions; economic diversification; human development and social inclusion; regional development; and green economic growth. Macroeconomic stabilization—including fiscal consolidation, improved budget composition, and reduced external imbalances through larger exports and FDI—is considered a prerequisite for growth. 

 

 

Key Indicators
 Population, millions  11.5
 GDP per Capita, U.S. dollars  3465
 GDP Growth, percent
 1.96
 Inflation, end of period, percent  5.32
 General Government Debt, percent  70.3
 Global Competitiveness Ranking 2017-18  95
 Doing Business Ranking, 2019  80
*Figures are for the period 2017, unless otherwise indicated.

 

Country Websites

Foreign Investment and Promotion Agency
Ministry of Finance
Ministry of Development, Investment and International Cooperation
Central Bank of Tunisia

Partner Websites

Tunisia and the AfDB
Tunisia and the IMF; IMF Technical Assistance Center
Tunisia and the WBG

Tunisia Reform Matrix May 2022
Tunisia Reform Matrix April 2021
Tunisia Article IV IMF Staff Report July 2019
Tunisia—Presentation to the G-20 Deputies April 2017
Prospectus May 2018
Tunisia Policy Matrix October 2017
Tunisia 2017 Article IV IMF Staff Report June 2018
Tunisia Policy Matrix April 2018
Tunisia Policy Matrix October 2018 October 2018
Tunisia Policy Matrix October 2018 (French) October 2018


Automotive Sector

Strengths

  1. An average annual growth of 12% over the last decade

  2. More than €2 billion of exported auto spare parts

  3. Among the 10 providers of Europe for electrical wiring systems

  4. Only country in Africa with local countries established world wide

  5. Different stages of value chain covered by Tunisian companies (40% local content)

  6. Experienced and highly adaptable workforce

  7. Geographic proximity and fast delivery times

  8. Consortium of equipment manufacturers within the Tunisian Automotive Association


Infrastructure

Main Infrastructure

  1. 9 international airports

  2. 7 commercial seaports and 1 oil terminal

  3. Developed network of roads and highways

  4. About 152 industrial zones and 2 parks for economic activities

  5. 12 completivity clusters
  6. 15 cyber parks for different specialties

Aerospace Industry

Strengths

  1. More than 80 companies set up in 4 industrial clusters

  2. Presence in the entire supply chain: high precision cutting and machining

  3. High value-added activities: software and hardware engineering
  4. Integrated industrial platform dedicated to aeronautics
  5. Consortium of companies with activities related to aerospace industry within Tunisian Aerospace Association Industries

ICT

Strengths

  1. Multiskilled human resources

  2. The highest concentration of researchers among Arab and African countries

  3. A performing infrastructure offer

  4. The biggest data center in Africa “dataxion” is based in Tunisia

  5. Tunisia is the first Arab and African Country in terms of innovation (2018 Bloomberg Innovaon Index)

  6. Tunisia is the 7th best city around the world to launch a start-up

  7. A favourable legal and fiscal framework

Agribusiness

Strengths

  1. The first worldwide exporter of dates

  2. The second African exporter of organic products

  3. Six medals in the Los Angeles International Extra Virgin Olive Oil competition 2018, including 4 goals

  4. The only African country having received the recognition of equivalence with the EU and Switzerland pertaining to organic agriculture

  5. Africa’s 2nd Largest Exporter of Organic Products

  6. Booming organic production

  7. Quality products, natural taste and flavor

  8. Synergy between research centers and companies

  9. Financial and tax incentives in favor of the sector

Renewable energy

Strengths

  1. A well defined energy strategy by 2030

  2. Intensifying energy efficiency promotion in all sectors with the aim to decrease primary energy demand by 2030 of 30% compared to the baseline

  3. Legal framework: Law no 12 of May 11, 2015 on the production of electricity from renewable energies

  4. Tunisia is committed (COP 21) to produce 2250 MW of electricity from renewable energy by 2030

  5. Priority sector under the new investment law


See Full Prospectus


 

Country

Olfa Chamari

ochammari@finances.tn


African Development Bank

Yacine Fal

Y.FAL@AFDB.ORG


International Monetary Fund

Bjoern Rother

brother@imf.org

 

Jerome Vacher

jvacher@imf.org


World Bank Group

Marie Francoise Marie-Nelly

mmarienelly@worldbank.org

 

Tony Verheijen

averheijen@worldbank.org

 

Abdoulaye Sy

asy2@worldbank.org

 

Georges Joseph Ghorra

gghorra@ifc.org

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