Tunisia's economy showing signs of recovery
Tunisia’s economy is showing signs of revival after popular protests last year pushed it into recession but the crisis in the euro zone, its most important export market, presents risks, a senior IMF official said on Friday.
Source : https://www.marocafrik.com/english/Tunisia-s-econo...
The International Monetary Fund has just completed its first review of Tunisia’s economy since the “Arab Spring” popular revolution in January 2011 toppled veteran leader Zine al-Abidine Ben Ali after almost 23 years in power.
In an interview, the IMF’s mission chief to Tunisia, Joel Toujas-Bernate, said the European debt crisis “is a big cloud” for Tunisia Reuters reported.
With constitutional changes in the works and prospects of a general election early next year, Tunisia’s political transition was “proceeding well,” Toujas-Bernate said.
We are seeing signs of improvements now - tourism is rebounding, foreign investment is also coming back but the big uncertainty is the situation in Europe, which is the main trading partner and source of investment," he said.
"There is a clear potential for higher growth over the medium term based on the fundamental strengths of the Tunisian economy," he added.
In an interview, the IMF’s mission chief to Tunisia, Joel Toujas-Bernate, said the European debt crisis “is a big cloud” for Tunisia Reuters reported.
With constitutional changes in the works and prospects of a general election early next year, Tunisia’s political transition was “proceeding well,” Toujas-Bernate said.
We are seeing signs of improvements now - tourism is rebounding, foreign investment is also coming back but the big uncertainty is the situation in Europe, which is the main trading partner and source of investment," he said.
"There is a clear potential for higher growth over the medium term based on the fundamental strengths of the Tunisian economy," he added.
Source : https://www.marocafrik.com/english/Tunisia-s-econo...