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 […]

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Former US envoy advises Tunisian leader to refrain from following footsteps of late Ben Ali

Former US ambassador to Tunisia Gordon Gray has urged the President Kais Saied  not to take a leaf out of ex- autocratic Ben Ali’s book, noting that the incumbent Tunisian leader has a disdain for democratic institutions and disregard for the economy. “In August, I warned that Saied seemed to be following in Ben Ali’s […]

Community Headlines Tunisia

Tunisia: President fires several governors including Tunis Governor

Tunisian President Kais Saied has fired several governors including Tunis governor Chedly Bouallègue, in a new sweeping move by the leader of the North African country. A statement issued Thursday on the Facebook account of the office of the president also indicated that Kamel Fekih, a current senior official at the ministry of finance and […]

Business Finance Headlines Tunisia

Saudi Arabia conditions credit line to Tunisia on IMF’s demands

Saudi Arabia is willing to provide Tunisia a financial facility to support the 2022 state budget but provided that the North African country meets the demands of the International Monetary Fund (IMF) for a restructuring plan, Business News reports. Malek Zahi, Tunisian Minister of Social Affairs, who was in the Gulf country last week for […]

Africa Headlines International Tunisia

Tunisia arrests Boko Haram alleged affiliates

Tunisia recently arrested a number of alleged militants of the Nigeria-based terror group Boko Haram, the leader of security union in the coastal city of Ariana, has told the media. “In recent weeks, sub-Saharans affiliated with the terrorist organization Boko Haram have been arrested by Tunisian security forces,” Ezzedine Fathali told local radio station Jawharafm […]

Headlines Tunisia

Tunisia orders investigation into death of former president Caid Essebsi

Tunisia’s Justice Minister Leila Jaffel has ordered the general prosecutor to launch probe into the circumstances of the death of former President Beji Caid Essebsi who died on 25 July 2019, Webdo Tunis reports. Essbesi, elected in 2014 to in the wake of 2011 revolution, was whisked to the military hospital of the country on […]

Business Finance Headlines Tunisia

Tunisia adopts 2022 budget with $2.8b deficit

Tunisia has adopted the 2022 budget short of around $2.8 billion amid economic hardship that has hit the country also gripped by an unprecedented political crisis, triggered since July 25 after President Kais Saied has seized all major powers. The Tunisian government, Webdo Tunis reports, will present this Tuesday the draft of the financial act […]

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Tunisia backpedals to autocracy

Tunisia has long been hailed as an Arab Spring success story in terms of democratic reform. But on the back of economic hurdles, Tunisia’s freely elected President is burning the ladder that brought him to power tightening his power grab, idling elected institutions and cracking down on dissent. Human Rights Watch and Amnesty International have […]

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Ex-Tunisian leader Moncef Marzouki handed four-year prison sentence for treason

A court in Tunisia sentenced former President Moncef Marzouki to four years in prison in absentia for working against the interests of the North African country. Marzouki, who has been outside the country for several months, has been subject to an arrest warrant issued against him in early November following his indictment for treason, on […]

Business Finance Headlines Tunisia

AfDB lends Tunisia €104m to implement road modernization project

The African Development Bank, AfDB, has approved the allocation of €104 million to Tunisia for the implementation of the 2nd phase of the Road Infrastructure Modernization Program (PMIR II). The Abidjan-based financial institution is a press release said the program seeks to establish an efficient and sustainable transport system capable of developing intra- and inter-regional […]