Tunisia ministry of industry, energy



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69431



TunisiA
MINISTRY OF INDUSTRY, ENERGY

AND SMALL AND MEDIUM ENTERPRISES
POLICY NOTE ON SMEs ACCESS TO FINANCE IN TUNISIA

December 2009

World Bank

Finance and Private Sector Development

Economic and Social Development Department

Middle East North Africa Region


REPUBLIC OF TUNISIA –FISCAL YEAR

January 1st - December 31st


Monetary equivalent

(Exchange rate as of Nov. 30, 2009)

Currency Unit

=

Tunisian Dinar (TND)

1,00 US$

=

1.2815 DT


WEIGHTS AND MEASUREMENTs

Metric System


Abreviations and Acronyms
AFI Agence du Foncier Industriel (Industrial Land Agency)

API Agence de Promotion de l’Industrie (Industrial Promotion Agency)

BCT Banque Centrale de Tunisie (Central Bank of Tunisia)

BFPME Banque de Financement des PME (SME Financing Bank)

BVMT Bourse des Valeurs Mobilières de Tunisie (Stock Market)

CIBCT Centrale d’Information de la Banque Centrale de Tunisie (Information Center of the

Tunisian Central Bank)

CMF Conseil du Marché Financier (Financial Market Council)

CS Credit Scoring

EE Enquêtes Entreprises (World Bank Enterprise Surveys)

EU European Union

FNG Fonds National de Garantie (National Guarantee Fund)

FOPRODI Fonds de Promotion et de Décentralisation Industrielle (Industrial Promotion and

Decentralization Fund)

FSAP Financial Sector Assessment Program

GDP Gross Domestic Product

IACE Institut des Chefs d’Entreprise Arabes (Institute of Arab Business Leaders)

IMF International Monetary Fund

INS Institut National de la Statistique (National Institute of Statistics)

ITCEQ Institut Tunisien de la Compétitivité et des Etudes Quantitatives (Tunisian Institute of

Competitiveness and Quantitative Studies)

MENA Middle East and North Africa

MFI Micro-Finance Institution

MIEPME Ministère de l’Industrie, de l’Energie et des Petites et Moyennes Entreprises (Ministry of

Industry, Energy and Small and Medium-sized Enterprises)

OECD Organization for Economic Cooperation and Development

Pct. Percentage

PCB Private Credit bureau

PE Pépinières d'Entreprises (Business incubators)

PMI Programme de Modernisation Industrielle (Industrial Modernization Program)

SICAR Société d’Investissement en Capital Risque (Venture Capital Investment Company)

SME Small and medium enterprises

SOTUGAR Société Tunisienne de Garantie (Tunisian Guarantee Company)

UTICA Union Tunisienne de l'Industrie, du Commerce et de l'Artisanat (Tunisian Union for

Industry, Trade and Handicrafts)

Vice President: Shamshad Akhtar

Country Director: Mats Karlsson

Sector Director: Ritva Reinika

Manager: Simon S. Bell

Lead Author: Jean Michel N. Marchat

Co-authors: Mohamed Chebbi, Magueye Dia

Olasuppo Olusi




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