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Tunisia: Parliament Begins Discussing Draft Laws on Guarantee Agreements for Tunisian Electricity and Gas Company
The Tunisian House of People's Representatives is beginning to discuss two draft laws related to the approval of guarantee agreements with the World Bank for Reconstruction and Development. These agreements aim to finance a program to improve the efficiency, effectiveness, and governance of the energy sector in Tunisia. The first project includes a loan of 384 million euros under a 43-year guarantee agreement with interest linked to the Eurobor, while the second focuses on a loan of 30 million dollars over 30 years with a fixed interest rate. This second loan is intended to support the development of renewable energy sources and increase the production capacities of solar and wind energy projects in Tunisia. The program aims to enhance energy sustainability, improve the performance of the Tunisian Electricity and Gas Company, and reduce reliance on fossil resources.
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