Five years after the Arab Spring, the Middle East and North Africa region continues to struggle with many socio-political challenges. Over the past year, the region witnessed an unprecedented rise in conflict with global spillover effects and with the largest forced displacement crisis since World War II.
THE TRANSISTION FUND PILLARS
INVESTING IN SUSTAINABLE GROWTH
Innovation and technology policy, enhancing the business environment (including for small and medium-sized enterprises as well as for local and foreign investment promotion), competition policy, private sector development strategies, access to finance, addressing urban congestion and energy intensity.
INCLUSIVE DEVELOPMENT AND JOB CREATION
Support of policies for integrating lagging regions, skills and labor market policies, increasing youth employability, enhancing female labor force participation, integrating people with disabilities, vocational training, pension reform, improving job conditions and regulations, financial inclusion, promoting equitable fiscal policies and social safety net reform.
ENHANCING ECONOMIC GOVERNANCE
Transparency, anti-corruption and accountability policies, asset recovery, public financial management and oversight, public sector audit and evaluation, integrity, procurement reform, regulatory quality and administrative simplification, investor and consumer protection, access to economic data and information,.
COMPETITIVENESS AND INTEGRATION
Logistics, behind-the-border regulatory convergence, trade strategy and negotiations, planning and facilitation of cross-border infrastructure, and promoting and facilitating infrastructure projects, particularly in the areas of urban infrastructure, transport, trade facilitation and private sector development.