Skip to Main Navigation

Tunisia Business Environment and Entrepreneurship DPF

Abstract*

The development objective of the Business Environment and Entrepreneurship Development Policy Loan Project for Tunisia is to improve the business environment, and (ii) support entrepreneurship and deepen access to finance. The proposed Business Environment and Entrepreneurship Development Policy Loan (BEE DPL), in the amount of Euro 457.2 million (US$500 million equivalent), is a standalone single-tranche operation aimed at supporting key areas of...

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

Show More

Development Objective

Project Development Objective (Note: will be disclosed in the MOS) the Monthly Operational Summary when applicable) The DPL is a component of the World Bank's new proposed CPF to support Tunisia's efforts to renew its social contract by defining an economic modelwith opportunities for those left behind. The objective of the DPL is to help Tunisia accelerate growth, unleash faster private sector job creation and more economic opportunities for the youth by strengthening the business environment, the financial sector, and promoting the inclusion of lagging regions and the youth. The policy pillars supported by this DPL will: (i) follow-up on the unfinished reform agenda supported by the Governance, Opportunities and Jobs DPL series; (ii) engage in new policy areas including fiscal reform, civil service reform, and establishing the foundations for supporting regional development strategies in lagging regions andreforms to create more opportunities for the youth. Board Schedule Comments

Key Details

Project Details

  • P158111

  • Closed

  • Abdoulaye Sy , Gabriel Sensenbrenner, Mohamed El-Shiaty

  • GOVERNMENT OF TUNISIA

  • Tunisia

  • June 13, 2016

  • (as of board presentation)

    June 13, 2017

  • August 16, 2017

  • US$ 500.00 million

  • Ministry of Development Investment and International Cooperation

  • Middle East and North Africa

  • 2017

  • US$ 500.00 million

  • N/A

  • Not Applicable

  • December 31, 2018

  • BANK APPROVED

  • August 16, 2023

  • 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 April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Sep 15, 2018 IBRD-87610 Int Charges 1,613,299.90
Jun 13, 2017 IBRD-87610 Loan Commitment 500,000,000.00
Mar 15, 2024 IBRD-87610 Int Charges 3,517,921.50
Aug 22, 2017 IBRD-87610 Loan Disb 536,026,592.00
Aug 16, 2017 IBRD-87610 Loan Disb 1,337,481.50
Aug 16, 2017 IBRD-87610 Fee Charges 1,337,481.50
Mar 15, 2018 IBRD-87610 Int Charges 1,648,225.40
Mar 15, 2018 IBRD-87610 Int Charges 38,655.19
Mar 15, 2018 IBRD-87610 Int Charges 226,226.70
Mar 15, 2020 IBRD-87610 Int Charges 1,238,059.80
Sep 15, 2019 IBRD-87610 Int Charges 1,736,547.40
Mar 15, 2019 IBRD-87610 Int Charges 1,587,228.20
Sep 15, 2020 IBRD-87610 Int Charges 1,195,690.40
Apr 21, 2021 IBRD-87610 Loan Disb 549,097,220.00
Apr 21, 2021 IBRD-87610 Loan Disb -549,097,220.00
Apr 21, 2021 IBRD-87610 Loan Disb 549,097,220.00
Apr 21, 2021 IBRD-87610 Loan Disb -549,097,220.00
Mar 15, 2021 IBRD-87610 Int Charges 1,206,684.10
Mar 15, 2022 IBRD-87610 Int Charges 3,946,845.20
Sep 15, 2021 IBRD-87610 Int Charges 3,380,909.80
Sep 15, 2021 IBRD-87610 Int Charges 222,309.69
Sep 15, 2023 IBRD-87610 Loan Repay 24,359,616.00
Sep 15, 2023 IBRD-87610 Int Charges 3,633,236.80
Mar 15, 2023 IBRD-87610 Loan Repay 24,292,180.00
Mar 15, 2023 IBRD-87610 Int Charges 3,813,872.00
Sep 15, 2022 IBRD-87610 Int Charges 3,581,842.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Moderately Satisfactory 2019-01-04
Overall Implementation Progress (IP) Moderately Satisfactory 2019-01-04
Progress towards achievement of PDO Moderately Unsatisfactory 2019-01-04
Monitoring and Evaluation Moderately Satisfactory 2019-01-04

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2020
OutcomesModerately Unsatisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Unsatisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-14-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Volume of capital investment (million of Tunisia Dinar)Value200.00421.00300.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Number of anti-competitive practices prevented or eliminated.Value3.003.006.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Publication and availability on the website of the MDICI of the following: (i) the list of activities subject to investment entry authorization, the deadlines, procedures and the terms and conditionsValueNoneAll documents have been published in the Official All information and documents are readily availabl
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Share of investment projects for which a feasibility study including a cost-benefit analysis has been completed during the pre-investment phaseValue40.0080.0080.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Container dwell time (in days)Value16.6017.0012.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Number of FOPROLOS loansValue286.00453.00600.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Number of private credit bureau licensed and operationalValue0.000.001.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment
  • Number of bankruptcy cases initiated under the new lawValue0.00136.00200.00
    DateDecember 30, 2016October 30, 2018December 31, 2018
    Comment