TUNISIA: Enhancing the Financial Sustainability of SONEDE

Supporting the strengthening of SONEDE's financial viability, by identifying a series of measures to be carried out by SONEDE and the Government of Tunisia to allow SONEDE to: (i) Gain sufficient debt capacity to support the various loans necessary to finance the NWSIP program and make its various investment components bankable; and (ii) Reach sufficient financial strength to be able to access private banks and financial markets without sovereign guarantee in the medium term, especially for new infrastructure investments.