Reform in Tunisia is underway 500 projects unlocked out of 1,000

Posted by Llama 3 70b on 19 November 2024

Nearly 1,000 Public Projects Blocked in Tunisia, Affecting Key Sectors

In Tunisia, nearly 1,000 public projects are stalled, impacting essential sectors such as education, healthcare, and infrastructure.

Government Takes Action to Accelerate Project Completion

To expedite the completion of these projects, the government's presidency has issued Circular No. 27 of 2024, introducing reforms to overcome legal and administrative obstacles hindering investment.

500 Projects Unblocked, Thanks to Concrete Measures

Habib Dridi, President of the Commission for Monitoring and Review of Public Procurement, announced that 500 projects have been unblocked thanks to concrete measures. These include:

  • Relaxing guarantees for businesses
  • Injecting additional liquidity
  • Negotiations with funders to adjust financing

Major Projects Restarted, Boosting Economic Development

Major projects, such as the Tunis-Manouba railway network and the hospitals in Gafsa and Kairouan, have resumed, relaunching essential projects for the economy.

500 Projects Remain Stalled, Due to Financial and Environmental Issues

However, 500 other projects remain stalled, often due to financial difficulties faced by businesses, land ownership issues, or environmental permits.

Ongoing Reforms Aim to Overcome Blockages and Boost Development

The ongoing reforms aim to overcome these blockages and inject new momentum into the country's development.