Tunisia Investment Climate Reform Program

completed

The program will include the following activities: 1- Review the Investment Framework: Work with the Ministry of Investment and International Cooperation and other relevant ministries on the following activities: - Review the investment code and map the legislative, regulatory and institutional framework for investment - Conduct a cost benefit analysis of the incentives and support the government of Tunisia in articulating an investment policy - Develop recommendations to improve and streamline the investment framework - Re-engineer the incentive regime, and introduce the necessary legislative and institutional amendments. 2-Remove sector-specific constraints that affect market competition: - Competition assessment of the key economy wide barriers to competition, with a focus on reviewing and supporting the harmonization of the competition legal and institutional framework with international competition good practice in order to remove discretion and increase transparency in the application of the competition law. This will be complemented by an assessment of sectoral barriers to competition - Develop recommendations and ensure buy in from stakeholders on the proposed reforms - Implementation and dissemination of results: including the amendment, elimination or issuance of regulations, laws, secondary legislation and guidelines. 3-Improve the regulatory framework for the private sector: Supporting the Government of Tunisia in conducting a comprehensive, systemic and participative review and reform of key business formalities in key ministries.