Public Management

Tunisian govt plans $120mln agricultural investment in 2021

Tunisian govt plans $120mln agricultural investment in 2021
Thursday, 26 November 2020 12:23

The Tunisian government says it will pump a total of TND324 million (about $120 million) in the agriculture sector next year. This is 18% of the TND1.78 billion that will be allocated to the department of Agriculture, Water Resources and Fisheries for the year.

According to Akissa Bahri (pictured) who heads this department, the 2021 agricultural subsidy is 17% higher than that of 2020. With this new financing, the government plans to carry out actions aimed at consolidating the performance of the fishing sector and aquaculture activity through increased public investment. It also intends to improve the use of water for agricultural irrigation by increasing the supply of water resources and increasing the country's forested areas.  

The department will subsidize key sectors and establish a clear roadmap for the agriculture, food security and health sectors. A 2025 water strategy will also be formulated,” the minister said.

Overall, in 2019/2020, the Tunisian agricultural sector performed well despite the coronavirus pandemic. Exports of olive oil, the country's flagship product, generated more than TND2.2 billion dinars, a record level. 

Espoir Olodo

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026. The IPO targets local and foreign investors as part of...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
04

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
05

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.