EU Eyes More Than $5B Aid for Tunisia

The EU’s overall assistance to Tunisia is set to reach some €4 billion ($5.33 billion) for the period 2011 to 2013, the bloc’s foreign affairs and development official announced at the inaugural meeting of a joint EU-Tunisia task force.

Among the new assistance pledged by a team of EU officials led by the bloc’s foreign affairs chief Catherine Ashton at the meeting were a €100 million grant to support a €1 billion multidonor program and a €57 million grant in support of reforms in the country’s water sector.

The EU has initially committed more than €150 million for Tunisia’s political and economic transition following the uprising that overthrew the government of President Ben Ali earlier this year. The EU has since announced other aid programs and financial support packages for the African country. Several of the bloc’s member countries have also separately pledged financial aid.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.