Tag: grim economic outlook
Africa Finance International

Sudan: Inflation eases nationally, soars in conflict-hit North Darfur, economic outlook remains grim

North Africa PostComments Off on Sudan: Inflation eases nationally, soars in conflict-hit North Darfur, economic outlook remains grim

Sudan’s Central Bureau of Statistics has reported a modest easing in the country’s annual inflation rate, which stood at 142.82% in May, down slightly from the previous month. Urban inflation dipped marginally to 146.30%, while rural areas experienced a more pronounced drop to 141.84% from 163.73%. Although the national rate remains alarmingly high, the overall […]
Columns Headlines Tunisia

Repression intensifies in Tunisia as economic outlook worsens

North Africa PostComments Off on Repression intensifies in Tunisia as economic outlook worsens

Tunisia, under President Kais Saied, has backpedaled from democracy to autocracy in its abhorrent forms as the regime increasingly reconnects with its repressive past sending critics, opposition figures, and journalists to jail while surfing on a populist tide. After concentrating all powers in his firm grip, Saied is paving the way for his second term […]
Columns Finance Headlines Opinions Tunisia

Tunisia’s economic outlook dims as President rejects IMF conditions

North Africa PostComments Off on Tunisia’s economic outlook dims as President rejects IMF conditions

Cash-strapped Tunisia continues to face headwinds in its quest to obtain a lifeline $1.9 billion credit from the IMF whose conditions are now openly rejected by authoritarian president Kais Saied. Saied was outspoken in rejecting the IMF conditions for Tunisia to cut subsidies in order to improve public finances. Saied’s statement adds to the fierce […]