(Ecofin Agency) - Tunisia will benefit from €150 million granted by the European Union to implement its economy reviving program. The information was reported June 24 by the European Commission.
This new support is in line with the second macro-financial assistance program (MFA II) granted to Tunisia following the terrorist attack wave in 2015; attacks that contributed to plunging the economy of the North African country.
Now, the Tunisian government is focusing on relieving an overcrowded public administration, reducing public debt which stood at 74% of GDP, and reviving the sluggish economic growth (2.5% in 2018). It has estimated its external financing needs at $2.5 billion for this year.
“The EU remains committed to helping Tunisia and its people,” said Pierre Moscovici, European Commissioner for Economic Affairs. 
Let’s note that this disbursement represents the second of three payments provided under the MFA II program.
Moutiou Adjibi Nourou