Publication: Policy Note on SMEs Access to Finance in Tunisia
Date
2009-12
ISSN
Published
2009-12
Author(s)
World Bank
Abstract
The Tunisian government has long been
aware of the need to support companies in their search for
financing. Over the last decade, the government has
strengthened legal and regulatory frameworks in this area,
created public financing systems, facilitated the
development of financial markets and helped to expand the
supply of financial products, especially those geared at
SMEs. SMEs play a vital role in Tunisia because at least
97.8 percent of Tunisian firms (across all sectors) fall
into this category. The main consequence of the prevalence
of SMEs in Tunisia s economic landscape is that all economic
development strategies are de facto based on the performance
of this category of companies. SMEs ability to obtain
financing for their business operations and investments is
therefore crucial to Tunisia s future economic development.
Citation
“World Bank. 2009. Policy Note on SMEs Access to Finance in Tunisia. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/12951 License: CC BY 3.0 IGO.”