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Tunisia: World Bank Invests in Jobs & Reform

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Tunisia and World Bank Group Partner for Job-Creating Reforms and Investments

Tunisia is deepening its strategic collaboration with the World Bank Group, encompassing both the World Bank and the International Finance Corporation (IFC), as the nation formulates its upcoming National Development Plan. This renewed partnership underscores Tunisia’s commitment to fostering economic growth and creating employment opportunities, particularly within key sectors like renewable energy and agribusiness. Discussions center on strengthening governance, promoting social justice, and identifying high-impact investment projects.

# Focus on Sustainable Growth and Job Creation

Central to the collaboration is the prioritization of initiatives that will drive sustainable economic growth and generate much-needed jobs. This includes:

* Renewable Energy Investments: Exploring opportunities to expand Tunisia’s renewable energy sector, attracting private sector investment, and creating green jobs. This aligns with global trends in sustainable development and can position Tunisia as a leader in the region.

* Agribusiness Development: Strengthening the agricultural sector through value chain improvements, technology adoption, and access to finance. This is crucial for enhancing food security, boosting exports, and creating rural employment.

* Governance Reforms: Implementing reforms to improve transparency, accountability, and efficiency in public administration. This will create a more favorable environment for businesses and investors.

* Digital Economy Expansion: Supporting the growth of Tunisia’s digital economy through investments in infrastructure, skills development, and innovation. This is essential for creating high-skilled jobs and attracting foreign investment in the technology sector.

This strengthened partnership with the World Bank Group signals Tunisia’s proactive approach to addressing its economic challenges and creating a brighter future for its citizens. By focusing on key sectors and implementing impactful reforms, Tunisia aims to unlock its potential for sustainable growth and create a more prosperous and equitable society. The country’s commitment to these reforms, combined with the World Bank Group’s expertise and financial support, positions Tunisia for success in achieving its development goals.

Keywords

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