Stock of reserves drops to 82 days of import (BCT)

Since early 2018, the Stock of Reserves has been under heavy pressure, bringing it back to 82 days of import (equivalent to 1.161,0 MTD), as a result of the important currency settlements which Tunisia usually makes at the beginning of the year for the constitution of the stocks of raw materials, as well energy, food and industrial, meant to support the economic activity, in addition to the payments for the service of the debt, announces the Central Bank of Tunisia Friday in a statement. “However, the level of the stock…

Education Ministry to assume its responsibilities in rehabilitating public education and ensuring its quality

Minister of Education Hatem Ben Salem announced Friday in Kasserine, in a statement to media, on the sidelines of the work of the regional council of education,  the key measures taken by the cabinet meeting held last Wednesday, on “the reality and the perspectives of the educational system in Tunisia “. The measures include  the establishment of a national school food bank with the contribution of the Ministry of Education and some large companies. Storage areas under this bank will be created throughout the Republic, which will be managed by…

Tunisia: Impact Partner to set an investment fund for SMEs

Impact Partner will set an investment fund worth between TND500, 000 and TND2 million ($208,300 and $833,192). This was announced by Leila Charfi, the firm’s managing director, Ecofinagency reports. The firm which provides companies with financing and technical support to improve their financial profitability targets SMEs through this new initiative, the source said.  With this, Impact Partner expects to create jobs and reduce the unemployment rate in the country. “Beneficiary companies will have to hire 30 to 45 jobless people within 3 years,” she said. Impact Partner supports social entrepreneurs in pre and…

In Tunisia, preserving tradition in the last underground homes

In the arid valleys of southern Tunisia’s Djebel Dahar region, people have lived for centuries in underground houses whose earthen casing provides protection against searing summer heat and winter winds. But in recent decades, rural depopulation has meant fewer people live in the homes, which are composed of rooms hewn into the walls of an excavated circular courtyard. The few remaining families say they are attached to the homes and the land or see no way of moving. “My father died, my mother died, the girls got married and I…