Business Finance Headlines Tunisia

Tunisia to freeze salaries, recruitment in public sector for next three years – local NGO

Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful NGO I Watch has revealed, citing a leaked document about the ongoing negotiations for a loan between the North African country and the Washington-based lender. Tunisia is talks with the […]

Business Finance Headlines Morocco

Morocco Gets $450 Mln World Bank Loan for Modernization of Public Sector

The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation of an ambitious governance reform program . Over the past few years, Morocco has embarked on long-term and wide-ranging reforms to improve the overall performance of the public sector and […]

Headlines Tunisia

Tunisia to Lay-off 5000 State Employees in 2017

Cash-strapped Tunisia announced that it would cut 5000 public sector jobs starting from this year in a bid to reduce government spending, said Minister of Public Functions Abid Briki. Briki said that the move is dictated by the need to pay Tunisia’s massive debt, which requires narrowing the budget deficit and reducing the public sector […]