Tunisia at Compact With Africa Initiative in Germany

International financial institutions, namely the World Bank (WB), the International Monetary Fund (IMF) and the African Development Bank (AfDB), favourably responded to Tunisia’s call to support its economy and make available the necessary means to overcome the transitional period, a Finance Ministry press release Sunday points out on the occasion of Tunisia’s participation in the opening works of the Compact With Africa initiative on March 17-18 in Baden-Baden, Germany.

This initiative is part of the G 20 Meeting of the Finance Ministers and Central Banks Governors chaired by Germany.

On this occasion, Finance Minister Lamia Boujnah Zribi highlighted the steps made by Tunisia in its democratic transition process and its efforts to boost its growth pace and especially improve its investment climate.

She also presented a set of proposals on the fields and programmes part of the German initiative.

The minister pointed out the need to find means to boost co-operation with African countries, voicing satisfaction at Tunisia’s adherence to this initiative with four other African countries.

On the fringes of the meeting, Zribi conferred with IMF Managing Director Christine Lagarde who reiterated the Fund’s support to Tunisia and its efforts in the reform process.

The minister also met with representatives of the IMF, WB and AfDB who asserted the commitment of their respective institutions to carry on their support to Tunisia and mobilise the necessary means.


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