The Central Bank of Tunisia (BCT) explained the raising of its key interest rate by “past and recent wage increases that are likely to maintain a price-wage spiral.” This spiral is very detrimental to the economy and accentuates macro-economic imbalances because of the impact on the consumption of imported products, the BCT said, according to […]
Kais Saïed, the surprise winner of the first round of Sunday presidential elections, has received support from three opposition figures, including former President Moncef Marzouki, after the electoral commission, ISIE, confirmed the law professor and detained businessman Nabil Karoui as the two candidates for the second round. The ISIE released Tuesday results of Sunday election. […]
When President Barack Obama, in a speech in Cairo University in 2009, pointed to education and innovation as being the mechanisms of progress in the 21st century, these ideas must have resonated in capital cities across North Africa. Although different countries in the region have made various efforts to improve education and innovation and create […]
