Tunisia-IMF - Govt Pledges to Strengthen Regulatory Framework to Combat Corruption

Tunis/Tunisia — The Tunisian government has included «structural reforms» in the reform project it is currently negotiating with the International Monetary Fund (IMF) in Washington, United States.

These reforms provide for combating corruption, anti-competitive practices and boosting investment.

Among these measures, the government pledged to strengthen the regulatory and institutional framework to combat corruption, according to a document on the reforms, a copy of which reached TAP.

The government plans to enact implementing legislation of Law No. 2018-46 on the declaration of assets, illicit enrichment and conflict of interest in the public sector.

It will also enact implementing legislation of Law N°2017-10 on corruption exposure and whistleblower protection.

On combating anti-competitive practices, the Tunisian government vowed to «reform the composition of control authorities, to promote competition and review the law on competition and prices of 2015; this will expand the powers of the Competition Council and enhance its independence.

According to the same document, the government promised to stimulate investment through the adoption of a new industrial policy.

This policy «would build on the natural and historical assets of the country and on its sectoral assets.»

It will focus on «sectoral pacts and value chains around strategic activities and existing markets,» while supporting «the development of dynamic, competitive and integrated value chains.»

A Tunisian delegation headed by the Minister of Economy, Finance and Investment Support is in Washington from May 3 to 8, to negotiate a new reform programme with the Bretton Woods institutions, the country's main donors.

This delegation includes the governor of the Central Bank of Tunisia (BCT), economic advisers of the PM and the President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA).

More From: Tunis Afrique Presse

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