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Tunisia turns to domestic banks to fund national budget over lack of foreign lending
The Tunisian government has been mounting pressure on local financial institutions to fund the 2022 national budget as the country struggles to land foreign loans to close the project’s $2.8 billion budget deficit. The move is revealed by Ahmed El Karm, member of the executive board of Tunisia-based independent think-tank Institut Arabe des Chefs d’Entreprises […]
Washington to reduce economic assistance to Tunisia over democracy deficit
Washington will slash its economic assistance to Tunisia next year over the authoritarian path taken by authorities, said Samantha Power, the Administrator of the United States Agency for International Development (USAID). The US diplomat has not indicated the amount of the cut off but added that the move is due to “the disappointing turn taken […]
Morocco tops Maghreb region, Algeria lags in economic freedom- Fraser Institute
Morocco was ranked the most economically free country in North Africa, while its gas-rich neighbor took the backseat regionally and internationally, the Fraser Institute said. The 2022 World Economic Freedom Report includes an index measuring the degree to which the policies and institutions of countries are supportive of economic freedom Out of 165 countries, Morocco […]



