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Tunisia cuts 2020 growth forecast, eyes new IMF deal
Tunisia expects a growth rate of just 1% this year, compared with the 2.7% envisaged in the 2020 budget, and plans to seek a new loan deal with the International Monetary Fund (IMF). Tunisian Prime Minister, Elyess Fakhfakh, who made the announcement on Sunday said his government has slashed the country’s economic growth forecast for […]
Tunisia: US Delivers Jeeps, Aircrafts to Help Bolster Security at Borders
The United States Wednesday delivered a set of military equipment including jeeps and aircrafts to Tunisia to help the North African country better secure its borders against illegal crossings of terrorists. The equipment estimated at $20 million is made of 48 jeeps, 12 aircrafts and a communication system. The package will be used to identify […]
Egypt wavering over depreciation or depleting reserves
“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]



