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Financials and Investment News in Tunisia

Tunisia's Currency Reserves Recover Slightly With World Bank Loan
8/24/2017 - Tunisia's foreign currency reserves have risen slightly to 13.22 billion dinars, benefiting from the World Bank's disbursement of a $500 million loan, a week after they fell to lows not reached for ne...
Tunisia Premier Names New Economic Reforms Minister
9/6/2017 - Tunisian Prime Minister Youssef Chahed named one of his economic advisors, Taoufik Rajhi, who is a member of Islamist Ennahda party, to the new post of economic reforms minister, a government statemen...
Tunisia to Halve Deficit in Three Years
9/11/2017 - Tunisia’s government wants to halve its budget deficit and trim the public wage bill in the next three years as part of a reform package to revive the economy, Prime Minister Youssef Chahed said.
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Tunisia Says to Allow Foreign Currency Accounts Locally
9/11/2017 - Tunisia’s government will allow Tunisians to hold foreign currency accounts locally and introduce an amnesty for illegal foreign currency trading as it tries to boost foreign reserves, Prime Minister ...
Tunisia's Trade Deficit Widens 22 Pct in Jan-Aug This Year
9/13/2017 - The trade deficit widened in the first eight months of this year by 22 percent compared with the same period last year to reach 10.07 billion dinars ($4.15 billion), the State Statistics Institute sai...
Tunisia Central Bank Holds Key Interest Rate Unchanged At 5 Pct
10/5/2017 - Tunisia’s central bank has kept its key interest rate unchanged at 5 percent, the bank said .
Tunisia Resists Calls to Cut Public Wage Bill and Subsidies In 2018
10/17/2017 - Tunisia will not cut public salaries and subsidies for food and petrol next year, a move which may avert protests but sets the country on a confrontation course with its lenders.

Finance Mini...
Tunisia Asks Banks to Stop Providing Loans to Fund Imports of about 220 Products
10/31/2017 - Tunisia’s central bank has ordered local banks to stop providing funds to import about 220 consumer products, a document seen

The list includes fish, tropical fruits, alcoholic beverages, cos...
Tunisia Tightens Import Restrictions to Tackle Trade Deficit
10/31/2017 - Tunisia’s central bank has ordered local lenders to stop financing the importation of hundreds of products -- from fish to perfume -- as the country tries to curb a record trade deficit.

A do...
Tunisian Annual Inflation Rises to 5.8 Percent in October
11/6/2017 - Tunisia’s annual inflation rate rose to 5.8 percent in October from 5.5 percent in September, the highest rate since the 5.7 percent recorded in April 2015, official data showed.

The food and...
Tunisia's Q3 Growth At 2.1 Percent Year-on Year, Same as Q3 Last Year
11/16/2017 - Tunisia’s economic growth remained stable at 2.1 percent year-on-year in third quarter, the state statistics institute said .

The growth was also 2.1 percent in the third quarter last year. ...
Tunisia Seen Softening Economic Reforms to Avoid Unrest.
12/4/2017 - Tunisia plans to launch long-awaited reforms to reduce its chronic budget deficit, but the measures could harm investment if the government imposes new taxes and resists cutting the bloated public sec...
Tunisia Annual Inflation Rises to 6.3 Pct, Highest Rate since July 2014
12/6/2017 - Tunisia’s annual inflation rate rose to 6.3 percent in November from 5.8 percent in October, the highest rate since July 2014, official data showed .

The central bank raised its key interest ...
Tunisian Industrial Cooperation Monitoring Committee to Meet In Tunis
12/13/2017 - Tunisian bilateral Committee in charge of assessing industrial cooperation will take place in Tunis under the co-chairmanship of Minister of Industry and Mines Youcef Yousfi and his Tunisian counterp...
Tunisia Raises Fuel Prices in Push to Reduce Deficit
1/1/2018 - Tunisia announced the second increase in fuel prices in six months, raising the price of petrol by 2.85 percent as the government tries to rein in the budget deficit.

The price of a litre of...
Tunisia's Foreign Currency Reserves Fall to 15-Year Low
1/24/2018 - A worsening trade deficit has further eroded Tunisia’s foreign currency reserves, which are now worth just 89 days of imports, the lowest level in 15 years, central bank figures showed . Tunisia’s tr...
Premier Seeks New Tunisia Central Banker Ahead of Bond Sale
2/7/2018 - Economics professor El Abbasi is set to replace Ayari Tunisian authorities are struggling to revive the economy The city skyline of Tunis, Tunisia. Photographer:

Trevor Snapp Tunisia’s prim...
CORRECTED-Tunisian Central Bank Governor Says Will Resign After PM
2/15/2018 - Tunisia’s central bank governor Chedli Ayari will resign after Prime Minister Youssef Chahed asked him to quit, the governor told lawmakers parliament’s website said.

Last week, the governm...
Tunisia central bank governor tells state TV he has officially resigned
2/15/2018 - TUNIS, Feb 14 (Reuters) - Tunisia’s central bank governor, Chedli Ayari, said on state television that he has officially resigned.

Prime Minister Youssef Chahed had earlier asked him to ste...
Tunisia's Central Bank Raises Benchmark Rate to 5.75 Pct to Ease Inflationary Pressure
3/5/2018 - Tunisia’s central bank raised its key interest rate to 5.75 percent from 5.00 percent and said the hike, which is the third in a year, aims to ease inflationary pressures.

Tunisia’s annual i...

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