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Tuesday 21 September 2021
HomeNewsTunisia: EU will release first tranche of budget support program in July

Tunisia: EU will release first tranche of budget support program in July

The payment of the first tranche of the budget support program for Tunisia could take place in July 2014, said Michael Kohler, Director of the European Neighborhood Policy at the European Commission (EC), according to a statement from the Ministry Economy and Finance issued Friday.

The aim is to increase the allocation for budget support for Tunisia from € 250 million to € 300 million , if the European Parliament approves this proposal, said Kohler, during his meeting with Hakim Ben Hammouda, Minister of economy and Finance .

The meeting discussed the cooperation program between Tunisia and the EC concerning budget support.

For his part, Ben Hamouda reviewed the reforms underway led by the new government in the economic and financial fields, stressing the desire to accelerate their implementation in order to boost economic activity and investment.

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