TN - ECAL IV

closed

The Economic Competitiveness Development Policy Loan for Tunisia will support mutually reinforcing development objectives: (a) maintaining a sound and reactive macroeconomic framework, in particular by promoting fiscal consolidation and strengthening the medium term fiscal framework; (b) improving Tunisia's private investment climate and increasing private investment opportunities; and (c) reinforcing the financial sector's capacity to finance growth, by supporting initiatives to reduce the level of non-performing loans, further strengthening the regulatory framework for bank intermediation, and fostering development of contractual savings, especially in the insurance sector.