Business environment: optimistic prospects for 77% of Tunisian business leaders | Tunisia News Gazette

Business environment: optimistic prospects for 77% of Tunisian business leaders

“CEOs of Tunisian companies are relatively optimistic about improving the business environment in the country,” said Regional Editor for North Africa and The Americas, Oxford Business Group (OBG) Jaime Perez-Seoane de Zunzunegui.

Speaking at a round table organised in Tunis, to present the first survey conducted by the OBG in Tunisia, for the year 2017, in partnership with the audit firm, KPMG, he said that this survey allows to know the perception Business leaders on the business environment and economic conditions in Tunisia.

Conducted among 300 Tunisian business leaders, this census revealed that 77% of CEOs have positive expectations about the country’s economic situation for the next 12 months and about half, expects GDP growth of 2 to 3% over the same period.

“Seven years after the revolution, Tunisia continues to consolidate its economic growth, with an increasing involvement in several sectors,” according to the survey results.

CEOs also have a positive view of the degree of transparency of the country; 70% of them describe it as high or very high.

Asked about the type of skill the country needs most, about half of the bosses identified leadership, followed by research and development (15%) and customer service (13%).

In response to the question about the level of transparency required to do business in Tunisia compared to other countries in the region, business leaders also have a positive view of the degree of transparency of the country; 60% of them describe it as being high.

In addition, more than half of the CEOs surveyed felt that the Tunisian government’s 2016-2020 Strategic Development Plan (PDS) was insufficient to revive the economy while 18% considered it insufficient and only 20% considered it sufficient.

In addition, Tunisian business leaders who participated in the round table recommended reforming and modernising the administration to speed up the creation of projects, particularly in the interior regions, to examine the privatisation issue and to simplify the code in order to ensure a revival of the Tunisian economy.

They pointed to the lack of a clear vision in the development of strategic plans and the lack of implementation of action plans.

Oxford Business Group (OBG) is one of the leaders in economic and financial information for emerging economies. Its teams are present in Africa, the Middle East, Asia, Eastern Europe and the Caribbean.

Source: TAP news Agency

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