Tunisia has raised monthly minimum wage by 6.5 per cent to help workers weather economic stress caused by the COVID-19 pandemic, the powerful workers’ union, UGTT, has announced. The decision according to the union will soon be made public by the Tunisian government which agreed to implement the hike. UGTT on Dec. 11 asked the […]
Royal Navy coastguard, operating in the Mediterranean, on Sunday night, assisted several makeshift inflatable boats that encountered difficulties, said a military source. The boats were carrying 169 sub-Saharan nationals who were attempting to cross to Europe. The immigrants were brought safe and sound to Moroccan Mediterranean ports, the military source added. Also on Sunday evening, […]
Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]
