The European Union (EU) will provide Tunisia €300 million of financial aid every year starting from 2017, till 2020, Federica Mogherini, High representative of EU in charge of foreign affairs and security policy, revealed on November 1.

Mrs. Mogherini made the announcement in Tunis as he was meeting Tunisia’s minister of foreign afffairs, Khemaies Jhinaoui.

More than five years after the revolution that overthrew Ben Ali’s regime, Tunisia ended its poolitical transition. However, its economy still struggles to take off due to unceasing political troubles, persisting social movements and multiple terrorist attacks.

In 2015, Tunisia’s GDP grew less than 1%.