The African Development Bank has pledged wide-ranging support for Tunisia’s transiton to democratic rule.
In a Feb. 14 meeting with Tunisian Prime Minister Mohamed Ghannouchi, AfDB President Donald Kaberuka said the regional lender is prepared to provide economic, human and technical resources to support the Arab nation’s democratic transition following the ouster of former President Ben Ali’s two-decade regime in January.
AfDB’s pledge follows a similar pronouncement from Germany. Last week, the German government offered aid for elections and judicial reforms in Tunisia.
>> Germany Commits Aid for Tunisian Poll, Judicial Reforms
Kaberuka said the bank is keen on supporting job creation, infrastructure and the fight against poverty in Tunisia, noting the importance of bolstering institutional governance there. AfDB’s aid for Tunisia, where the bank is temporarily headquartered, could be in the form of accelerated direct budget support disbursement, loans, guarantees or technical assistance, according to an AfDB news release.
The bank’s total portfolio in Tunisia amounts to USD1.4 billion, of which 80 percent has already been disbursed, the AfDB chief said.
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