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Tunisia - Governance, Opportunities and Jobs DPL

Abstract*

The objective of the Governance, Opportunities, and Jobs Development Policy Lending (DPL) Project for Tunisia is to help the country lay the policy foundations for a more competitive business environment, a strengthened financial sector, more inclusive and accountable social services, and more transparent public governance. The measures supported by this DPL focus on: (i) moving towards a level playing field, facilitating competition and private sector...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of this DPL is to help Tunisia lay the policy foundations for a more competitive business environment, a strengthenedfinancial sector, more inclusive and accountable social services, and more transparent public governance. The DPL is a core component of the World Bank's strategy to support the Tunisian Government in its task to consolidate social and economic change following the January 2011 revolution. The Bank's Interim Strategy Note for Tunisia was discussed at the Board in July 2012, and is designed to support Tunisia during this transition phase. The Bank's Interim Strategy Note for Tunisia was discussed at the Board in July 2012, and is designed to support Tunisia during this transition phase until a new government is elected under a new constitution.

Key Details

Project Details

  • P128251

  • Closed

  • Antonio Nucifora

  • N/A

  • Tunisia

  • July 13, 2012

  • (as of board presentation)

    November 27, 2012

  • December 14, 2012

  • US$ 500.00 million

  • MINISTRY OF INVESTMENT AND INTERNATIONAL COOPERATION

  • Middle East and North Africa

  • 2013

  • US$ 500.00 million

  • N/A

  • May 1, 2024

  • December 31, 2013

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 500.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 15, 2013 IBRD-82100 Int Charges 302,358.00
Jan 15, 2022 IBRD-82100 Int Charges 428,595.62
Jan 15, 2014 IBRD-82100 Int Charges 2,154,754.00
Sep 15, 2014 IBRD-82100 Int Charges 761,445.06
Jul 15, 2020 IBRD-82100 Int Charges 741,336.20
Jan 15, 2021 IBRD-82100 Int Charges 816,322.50
Jan 15, 2021 IBRD-82100 Loan Repay 14,075,964.00
Jul 15, 2019 IBRD-82100 Int Charges 948,865.90
Jan 15, 2020 IBRD-82100 Int Charges 725,469.50
Jan 15, 2020 IBRD-82100 Loan Repay 8,628,552.00
Jan 15, 2018 IBRD-82100 Int Charges 921,134.80
Jan 15, 2018 IBRD-82100 Loan Repay 14,228,055.00
Jul 15, 2018 IBRD-82100 Int Charges 855,652.94
Jul 15, 2018 IBRD-82100 Loan Repay 13,496,044.00
Jan 15, 2019 IBRD-82100 Int Charges 871,523.70
Jul 15, 2016 IBRD-82100 Int Charges 1,133,056.10
Jan 15, 2017 IBRD-82100 Int Charges 884,427.10
Jul 15, 2017 IBRD-82100 Int Charges 910,600.30
Jan 15, 2015 IBRD-82100 Int Charges 161,796.33
Jan 15, 2015 IBRD-82100 Int Charges 1,873,669.40
Jul 15, 2014 IBRD-82100 Int Charges 1,286,791.20
Jul 15, 2015 IBRD-82100 Int Charges 1,500,883.50
Jan 15, 2016 IBRD-82100 Int Charges 1,293,849.40
Jan 15, 2024 IBRD-82100 Int Charges 4,516,121.00
Jan 15, 2024 IBRD-82100 Loan Repay 12,707,726.00
Jan 15, 2024 IBRD-82100 Int Charges 3,201,309.00
Jul 15, 2024 IBRD-82100 Loan Repay 12,666,510.00
Jul 15, 2024 IBRD-82100 Int Charges 4,352,002.00
Jul 15, 2024 IBRD-82100 Int Charges 3,028,175.50
Nov 27, 2012 IBRD-82100 Loan Commitment 500,000,000.00
Jan 15, 2023 IBRD-82100 Int Charges 1,784,245.20
Jul 15, 2023 IBRD-82100 Int Charges 1,403,883.40
Jul 15, 2023 IBRD-82100 Int Charges 4,767,611.00
Jul 15, 2023 IBRD-82100 Loan Repay 13,026,420.00
Jul 15, 2021 IBRD-82100 Int Charges 388,843.34
Jul 15, 2021 IBRD-82100 Loan Repay 13,720,698.00
Jul 15, 2022 IBRD-82100 Int Charges 243,675.14
Jul 15, 2022 IBRD-82100 Loan Repay 7,785,666.00
Jan 15, 2022 IBRD-82100 Loan Repay 13,296,352.00
Jul 15, 2013 IBRD-82100 Int Charges 2,002,281.90

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Unsatisfactory 2013-07-11
Monitoring and Evaluation Moderately Unsatisfactory 2013-07-11
Overall Implementation Progress (IP) Moderately Unsatisfactory 2013-07-11
Program Management Moderately Unsatisfactory 2013-07-11

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 04-01-2018
OutcomesModerately Satisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyModerately Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-21-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyNot RatedN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Minimum solvency ratio for banking systemValue8.000.009.00
    DateJanuary 1, 2012December 31, 2014
    CommentSolvency was below 8 percent in January 2012 (FSAP)Data for 2012 has not yet been shared by BCT.
  • Number of beneficiaries of the Labor Market Programs, (of which female %)Value45000.000.0045000.00
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentData not availableMaintain number (incl. 60% women)
  • Quantitative estimate of compliance costs: direct costs, number of days for the 15-20% top priority business formalities. (Reduction by 20 percent)Value0.000.0020.00
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentBaseline to be determined after the inventory of procedures is finalized.Simplification process has not yet started
  • Price of international telecommunications (Skype Termination Rate to Tunisia in cents/min)Value0.400.400.10
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentAccess to Bizerte landing station is now possible but at a very high price, preventing significant price reduction in the short run
  • Restructuring strategies for STB, BH and BNAValueNoNoYes
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentThe full audit of public banks has not started yet (auditor selection process not finalized)
  • Number of information request grantedValue0.000.0025.00
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentMonitoring tool still to be built
  • Insertion rate of the Labor Market Programs (as measured by share of individuals who get a contract after program completion)Value14.000.0020.00
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentThe new pilot program is now only expected to start in January 2014.
  • Number of hospitals that have published results of evaluations of services and instituted improvement plans (among regional and university hospitals, n=55)Value0.000.005.00
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    CommentAgency not yet operational
  • Number of programs and institutions evaluated and accredited by Higher Education Accreditation AgencyValue0.000.003.00
    DateJanuary 1, 2012January 1, 2014
    Comment33 programs evaluated, 0 institution or program accreditedAgency not yet operational40 programs evaluated, 3 institution stated the accreditation process
  • Information on public finances is published on the Ministry’s websiteValueThe draft budget and the budget execution reports A few documents have been published online (from tThe draft budget and the budget execution reports
    DateJanuary 1, 2012March 1, 2013December 31, 2014
    Comment