Tunisia's Minister of Economy and Planning, Samir Abdelhafidh, recently met with Alex Kremer, the new director of the World Bank Group's office in Tunisia. The meeting focused on strengthening cooperation between Tunisia and the World Bank Group, as well as discussing work programs for the next period. According to a statement from the Ministry of Economy and Planning, Kremer expressed his desire to intensify coordination between Tunisia and the World Bank to enhance their partnership.
Kremer emphasized the World Bank's willingness to support Tunisia in implementing reforms and achieving economic and social development goals. He also highlighted the importance of the new Country Partnership Framework (CPF), currently being developed. The CPF aims to strengthen the partnership between Tunisia and the World Bank Group. Abdelhafidh stressed the need to enhance and diversify cooperation areas, improving coordination to accelerate the implementation of projects financed by the World Bank.
As the director of the World Bank Group's office in Tunisia, Alex Kremer will oversee the activities of the group's institutions, including the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The current CPF for Tunisia, covering 2023-2027, prioritizes job creation, human capital development, climate resilience, and ecological transition.
The meeting between Abdelhafidh and Kremer reflects the ongoing efforts to strengthen ties between Tunisia and the World Bank Group. The World Bank has been a key partner for Tunisia, providing financing and technical assistance for various development projects. Tunisia has been working to improve its economic and social development, with a focus on creating jobs, enhancing human capital, and promoting sustainable growth.
The acceleration of financed projects is crucial for Tunisia's development, as the country seeks to address its economic challenges. The World Bank Group has a significant role to play in supporting Tunisia's development efforts, particularly in areas such as infrastructure, education, and healthcare. Kremer's visit and meeting with Abdelhafidh demonstrate the commitment of both parties to enhancing their cooperation.
The Country Partnership Framework (CPF) is a key instrument for the World Bank Group's engagement with Tunisia. The new CPF, currently being developed, is expected to outline the priorities and objectives for the World Bank's support to Tunisia over the next few years. The CPF will provide a roadmap for the World Bank's operations in Tunisia, guiding its investments and technical assistance.
The meeting between Abdelhafidh and Kremer concluded with a reaffirmation of the strong partnership between Tunisia and the World Bank Group. Both parties expressed their commitment to working together to accelerate the implementation of financed projects and to support Tunisia's development goals. The World Bank Group's support is expected to play a significant role in Tunisia's efforts to achieve sustainable and inclusive growth.
Key points
- The World Bank Group has reaffirmed its commitment to supporting Tunisia's development goals and reforms.
- A new Country Partnership Framework (CPF) is being developed to guide the World Bank's operations in Tunisia.
- The acceleration of financed projects is crucial for Tunisia's economic development and growth.
