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July 21, 2018

Since July 18, Tunisia officially became the 20th member of the Common Market for Eastern and Southern Africa (COMESA). This membership is set to enter into effect during the member-countries’ Heads of Government and State"...

 

Tunisia: public debt has increased by 29 points since 2010
July 21, 2018

In a recent memo on the economy, the Tunisian Institute of Strategic Studies (French: ITES) said Tunisia’s macroeconomic equilibrium has deteriorated significantly since 2010 following the stimulus policy adopted since 2011.

Thus, the public debt was 70% of GDP in 2017 (against 41% in 2010, i.e. an increase of 29 points) of which"...

 
 
Tunisia: confiscated companies woo businessmen
July 21, 2018

The plan for the sale of confiscated businesses is accelerating to allow the State to collect the at least 500 MD counted in the state budget for the 2018 financial year.

After the sale of 19 properties and companies, Al Karama has already entered the next stage. Two agricultural companies, “Zitouna Filahya 1 & 2”,"...

 
 
Tunisia: operating expenses account for 61.5% of 2018 budget
July 21, 2018

The Tunisian Institute for Strategic Studies (French: ITES) called for fiscal consolidation, through the optimization of unproductive current expenditure (including those devoted to an inefficient civil service), the targeting of subsidies and rising revenues by broadening the tax base and not by raising rates.

It is clear that the"...

 
July 21, 2018

Non-energy foreign direct investment rose by 29.2% in the first half of 2018 compared to the corresponding period of last year, reaching 547 million dinars against 423 MD, which is synonymous with the creation of 3101 jobs.

FDI in services jumped 54.3%, while in the industrial sector, they went up by 21.6% for a total of 403 million dinars. Those in the agricultural sector grew by 134%.

By"...

 
 
July 21, 2018

The economic and social situation in the country was at heart of a meeting on Thursday at the headquarters of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA), between UTICA Vice-President Hamadi Kooli and Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad AZOUR.

Discussions focused on the main challenges to be faced by Tunisia in the coming period and the importance of accelerating"...

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