Prime Minister Hichem Mechichi, Wednesday, denied recent remarks attributed to him about the transfer of state land ownership to Qataris. Speaking to reporters on the sidelines of the opening of the 5th “Tunisia Digital Summit”, Mechichi said he stressed in an interview with the Qatari Lusail newspaper the need to lift the restrictions on foreign investment, (not only Qatari) by […]
Tunisia’s foreign trade volumes saw a decline in April. Exports and imports in volume have dropped by 4.2% and 2.5%, respectively, after posting sharp increases in March, according to the latest note of the National Institute of Statistics (INS) on “Foreign Trade at constant prices base 2015 – April 2021”, published Wednesday. As a result, and with a sharper decline […]
The 5th Tunisia Digital Summit (TDS), which opened on Wednesday, June 2, 2021, in Tunis, is focusing this year this year on the theme “The challenges of digital transformation”. It will see the participation of 80 national and foreign experts. The two-day summit, opened by Minister of Communication Technologies and Digital Transition Mohamed Fadhel Kraiem, should also address the legislative […]
Tunisia aims to source 30 per cent of its electricity from renewables by 2030, a target set since October 2009, but until 2019, only one tenth has been achieved in 3%. To accelerate the deployment of these clean energies achieve this goal, Tunisia needs to involve more national financial institutions, adopt a reform of financial instruments of the RE sector […]
Tunisia and the African Development Bank (AfDB), on Wednesday, inked two grant agreements worth 1,867 million dinars, said the Economy, Finance and Investment Support Ministry. The first agreement, amounting to 480 thousand dinars, is intended to finance a study on the development project of the northwest mountainous areas. The second grant agreement, worth 1.387 million dinars, will be used to […]
Signed by Abdellatif Jouahri, Governor of Bank Al-Maghrib and Dr. Edward Christow, resident representative of UNDP in Morocco, the agreement focuses, first and foremost, on the promotion of digital financial inclusion through the use of means of digital payment to automate the payment of public subsidies as well as the popularization of digital financial services for all social segments, said […]
Following a sharp decline in 2020, GDP is projected to expand at an annual rate of 3 to 3¼ per cent in 2021 and 2022″ in Tunisia, the Organisation of Economic Cooperation and Development.(OECD) said in its economic outlook for 2021 released on May 31. After a strong rebound in the third quarter of 2020, the tightening of containment measures […]
Private agricultural investments, approved until end April 2021, reached 1063 operations worth 117.9 MD, against 709 investment operations worth 93 MD during the same period of 2020, up 49.9% in number and 26.8% in value, according to the latest statistics of the Agency for the Promotion of Agricultural Investment (APIA). The investments, which received 41.2 MD in subsidies, or 34.9% […]
The average monthly Money Market Rate (MMR) for May 2021 remained stable at 6.25%, according to statistics published by the Central Bank of Tunisia (BCT). However, this rate saw an upward trend in recent months, going from 6.15% in January 2021, to 6.23% in February and March and climbing to 6.25% in April and May. The key interest rate of […]