Tunisia’s policy reform priorities are more urgent than ever, given the impact of COVID-19 on the country’s 2020 GDP of -8.8% and the resulting budget deficits. JOBS is working across multiple sectors, assisting the government on company registration and investment platforms, digitalization, and trade facilitation. This approach is essential to a business environment that attracts investors and entrepreneurs. JOBS supports tactical reforms, such as digitalization, while insisting on the sustainability of policy initiatives.
JOBS’ Vision and Strategy
JOBS’ policy-reform strategy is focused on helping to forge a productive dialogue between businesses and government that leads to a more effective policy and regulatory environment and savings in the cost and time for businesses to be compliant. JOBS also aims to assist the government in delivering services more effectively, more transparently, and reach more citizens, especially through e-government and digital tools.
JOBS provides policy and regulatory assistance to the private sector and the GOT in three broad categories:
Increasing access to finance for SMEs
- Promoting new and innovative sources of finance such as crowdfunding.
- Helping public funds effectively disburse grant incentives to investors in underserved regions.
- Helping to offer new options for financing investment through the Equity Investment Code.
Making investment simpler, cheaper, and faster
- Reducing the time and cost to register a business in Tunisia.
- Removing unnecessary authorizations, licenses, or permits to setup a new business.
- Helping SMEs compete for public-works projects through the online procurement system (TUNEPS).
- Making export and import procedures simpler and less time-consuming.
- Digitizing export and import procedures through GOT online tools for more efficient services.
JOBS supports Tunisia’s business enabling environment in the following ways:
Streamlined the registration process for SMEs by eliminating nine licenses and eight administrative authorizations, saving SMEs 45 days on average for each license
Removed a burdensome step from the business registration process, saving SMEs $1.97 million annually
Expanded the online National Investor Platform, enabling investors to submit registration documents online and streamlining processes of key GOT agencies, saving SMEs 11.38 million TND ($3.93 million) annually
Supported greater transparency and efficiency by helping the government of Tunisia implement five e-government platforms, reducing costs for SMES