Tunisia is mired in an economic and financial crisis worsened by the backpedalling to autocracy as president Kais Saied intensifies his crackdown on critics, while picking migrants as scapegoats. The one-man ruled country could be denied an IMF lifeline of 2 billion dollars as it shuns painful reforms, including cutting subsidies. Last week, Fitch rating […]
Tag: economic & financial crisis
Tunisia’s economic morass
Tunisia is facing an acute economic and financial crisis with major macro-economic indicators on the red. The country was hailed for its success to oust authoritarianism and establish a democratically elected government following 2011 events, but economically the country is suffering. Growth was limited to 2.5% in 2018, less than the forecasted 3.1% despite the […]

