World Bank to implement five-year country partnership framework with Tunisia - statement

A new five-year Country Partnership Framework (CPF) with Tunisia would support 'the government's development plan to expand the economy,' the state news agency reported on Thursday, citing a World Bank Group statement.

The framework will be implemented jointly by the World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), with an annual allocation over five years of around $400-$500 million as well as investments from the IFC and guarantees from MIGA, the statement added.