Tunisia: Parliament approves a loan from IBRD

On January 15, 2019, the Tunisian parliament approved a loan from the International Bank for Reconstruction and Development (IBRD) worth € 81.2 million to the government.

« This credit will be used to finance a project to support the quality of the education system at the primary education level, » said Zied Ladhari, Minister of Development, Investment and International Cooperation.

« Increasing the number of beneficiaries of pre-school education, building the capacity of children in reading and mathematics, improving the skills of teachers, managing schools, evaluating pupils and fighting against drop-outs are also among the key objectives of the agreement, « he added.

According to Mr. Ladhari, the credit will help enroll 4,000 children under the age of 6 in preparatory classes over the next four years; and would benefit 9,000 children under the age of 6 in 12 Tunisian provinces.

IBRD is an organization of the World Bank, itself a component of the World Bank Group. It aims to reduce poverty in middle-income countries and poorer but solvent countries through loans and guarantees, risk management instruments, and analytical and advisory services.

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