Bosman, the EIB engineer, stepped in once more. He knew that the Bank’s loan agreement for the school improvement project had ended up with an unexpected €8 million surplus, because the Tunisian dinar had depreciated. He proposed that the Bank use part of this surplus to provide urgent sanitary equipment in Tunisia’s schools.
This proposal was accepted enthusiastically by KfW and the European Union. In only a week, 750 000 facemasks and 102 500 litres of hand sanitizer were ordered for 240 000 students, 160 000 teachers and staff.
“We needed to respond quickly,” Bosman says. “And we could do it by reusing money left over from the project, thanks to the precious collaboration of all the partners involved in the operation.”
Sami Mimita, head of the EIB technical assistance part of the school modernisation project in Tunisia, says people need to think about more than just providing school buildings. “We don’t just finance school walls,” he says. “We finance education. This is where we play a big role in the future of young Tunisians.”