Tunisia in figures:OBGplus
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Tunisia in figures:
Rising energy consumption and falling production in Tunisia are prompting a push to increase efficiencies and diversify the energy baseOBGplus
Tunisia’s energy balance shifted from surplus to deficit in 2000, and the country has since remained a net importer of energy. With domestic production falling and demand rising, Tunisia is looking to diversify its energy mix through renewables, higher imports and by promoting energy efficiency through a gradual scaling back of subsidies. Although there is a push taking place to unlock the immense…
Tobias Ellwood, MP and Minister for the Middle East and North Africa, UK Foreign and Commonwealth Office: InterviewOBGplus
Interview: Tobias Ellwood What role can Tunisia play in encouraging and contributing to regional security and stability? TOBIAS ELLWOOD: Tunisia has shown that long-term stability can only be achieved through peaceful dialogue and building legitimate and inclusive institutions. This, together with a clear determination to continue to cement its democratic foundation, are probably the most significant…
Habib Essid, Head of Government: InterviewOBGplus
Interview:Habib Essid What are the major reforms aimed at boosting the Tunisian economy and stimulating investment? HABIB ESSID: First there is the fiscal reform, which may extend over several years. This is a reform of all texts relating to the fiscal regime and the use of the tax income to ensure the fair redistribution of wealth. The reform’s objectives include to fight against tax evasion…
Suma Chakrabarti, President, the European Bank for Reconstruction and Development (EBRD): InterviewOBGplus
Interview:Suma Chakrabarti In what ways can Tunisia sustain inclusive growth? SUMA CHAKRABARTI: Inclusive growth is a key priority for the authorities in Tunisia. This involves tackling regional disparities, fostering job creation across the country and providing an attractive business climate. In response to this challenge, the EBRD has been focusing its investments and technical assistance…
Chedly Ayari, Governor, Central Bank of Tunisia (CBT): InterviewOBGplus
Interview: Chedly Ayari How can the fluctuation in the dinar/dollar exchange rate be adjusted? CHEDLY AYARI: Tunisia’s exchange rate policy framework seeks to secure external financial equilibrium through the preservation of the real value of the Tunisian Dinar, which should reflect the fundamentals of the Tunisian economy and maintain international competitiveness. To achieve this, the CBT can…
Ahmed Rjiba, CEO, Banque de l’Habitat: InterviewOBGplus
Interview: Ahmed Rjiba Which measures can be taken to increase the volume of liquidity in the Tunisian banking sector and increase investor confidence? AHMED RJIBA: Today, the lack of confidence on the back of the economic downturn and the security situation has resulted in a dearth of financial resources in the banking system. Under these circumstances, banks are trying to collect a maximum of savings…
Bilel Sahnoun, CEO, Tunis Stock Exchange (Bourse des Valeurs Mobilières de Tunis, BVMT): InterviewOBGplus
Interview:Bilel Sahnoun To what extent has the recent political stability impacted activity on the BVMT? BILEL SAHNOUN: The Tunisian stock exchange had anticipated the current political stability, which resulted in a 16% growth rate in 2014 and 11.5% growth in the first half of 2015. In terms of initial public offerings (IPOs), 2013 and 2014 were very good years. There were 12 new companies…
Yassine Brahim, Minister of Development, Investment and International Cooperation: InterviewOBGplus
Interview:Yassine Brahim What has been the impact of the 2011 events on the foreign direct investment flow? YASSINE BRAHIM: Globally, foreign direct investment (FDI) in Tunisia has remained low since 2011, accounting for less than 4% of GDP. Before the revolution FDI was already low, mainly driven by the energy sector that accounted for around 50% of this. That said, FDI in the energy sector…
Slim Chaker, Minister of Finance: InterviewOBGplus
Interview: Slim Chaker What are the priorities in terms of fiscal reform? SLIM CHAKER: The Tunisian government is looking to establish a fair taxation framework that supports the country’s economic development. To this end, the government is working on reducing certain taxes, broadening the tax base and making the system more coherent. The most important measure in the fiscal reform is a relief…
