Tunisia Infrastructure Diagnostic
Tunisia’s has made significant investments in infrastructure, which has contributed to economic growth. The investments have enabled reasonably good access to basic infrastructure services. While access rates are high, the relative quality of Tunisia’s infrastructure has deteriorated significantly over the last ten years. State-owned enterprises (SOEs), which dominate the infrastructure sector, receive considerable subsidies and incur notable financial losses. Overall, there is a heavy reliance on external borrowing to fund infrastructure investment, which creates contingent liabilities, and enhances foreign exchange and macro-economic risk. Chapter one provides an overview of Tunisia’s infrastructure performance; chapter two discusses each sub-sector in more detail in terms of achievements and challenges; chapter three looks at historical trends in spending followed by a scenario analysis of investment needs with anecdotal examples, and discusses the present macro-economic and fiscal constraints; and chapter four presents possible action items for further discussion with the Tunisian government.
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Format: | Report biblioteca |
Language: | English |
Published: |
World Bank, Washington, DC
2019-12
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Subjects: | INFRASTRUCTURE, STATE-OWNED ENTERPRISES, INFRASTRUCTURE FINANCE, PUBLIC-PRIVATE PARTNERSHIPS, TRANSPORT, ENERGY, WATER AND SANITATION, INFORMATION AND COMMUNICATION TECHNOLOGY, INFRASTRUCTURE INVESTMENT, PUBLIC SPENDING, |
Online Access: | http://documents.worldbank.org/curated/en/515641611894135901/Tunisia-Infrastructure-Diagnostic http://hdl.handle.net/10986/35116 |
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Summary: | Tunisia’s has made significant
investments in infrastructure, which has contributed to
economic growth. The investments have enabled reasonably
good access to basic infrastructure services. While access
rates are high, the relative quality of Tunisia’s
infrastructure has deteriorated significantly over the last
ten years. State-owned enterprises (SOEs), which dominate
the infrastructure sector, receive considerable subsidies
and incur notable financial losses. Overall, there is a
heavy reliance on external borrowing to fund infrastructure
investment, which creates contingent liabilities, and
enhances foreign exchange and macro-economic risk. Chapter
one provides an overview of Tunisia’s infrastructure
performance; chapter two discusses each sub-sector in more
detail in terms of achievements and challenges; chapter
three looks at historical trends in spending followed by a
scenario analysis of investment needs with anecdotal
examples, and discusses the present macro-economic and
fiscal constraints; and chapter four presents possible
action items for further discussion with the Tunisian government. |
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