HPR approves 2019 budget

The Tunisian House of the People’s Representatives (HPR) on Monday approved the 2019 budget which will impose no new taxes on citizens and will cut the tax burden for some sectors, after years of tax hikes that have stoked public anger and sometimes violent protests. The budget showed a deficit falling to 3.9 % of gross domestic product (GDP) in 2019, from about 5 %  expected this year. Next year budget expects Tunisia’s economy to improve in 2019 by 3.1 %, up from an estimated 2.6 %  this year. The government will impose…

Tunisia’s commitment to Universal Declaration of Human Rights

The Ministry of Foreign Affairs released a statement  on the 70th anniversary of the Universal Declaration of Human Rights (UDHR), in which it underlined Tunisia commitment to take further steps to energise democratic transition and increase its horizons in connection to human rights and fundamental liberties, Tunisia also pledges to be firmly committed to the noble values and principles of this landmark document that “makes of human rights a common heritage of mankind” and unfailingly supports the just Palestinian cause and the Palestinian people’s legitimate and inalienable rights. The January 2014…

Third round of negotiations with EU on DCFTA starts

Tunisia started Monday, in Brussels, Belgium, the third round of negotiations with the European Union (EU) on the draft agreement of the Deep and Comprehensive Free Trade Areas (DCFTA). Great hopes are expected to reach exceptional measures by the Europeans in favour of strategic sectors. Chief negotiator of the DCFTA and Minister of Transport Hichem Ben Ahmed underlined, at the opening of the negotiations held on December 10-14, 2018, with attendance President of the European group negotiator Ignacio Garcia Berciro, that Tunisia’s interest in the development of negotiations that have made good…

National system of civil status management launched in partnership with AfDB

The unique identifier and the reform of the national system of civil status management, two major projects in the field of ICT were launched two days ago in partnership between the Ministry of Communication Technologies and Digital Economy and the African Development Bank (AfDB). These two projects consist in establishing the digital identity based on a unique identifier that helps natural and legal persons to access e-administrative services and the launch of the vital transformation initiative. The reform of the national system of civil status management aims to materialise the…

Tunisia coastline needs climate cash boost

Efforts to mobilize the cash needed to ensure that climate change does not lead to the irreversible damage of Tunisia’s coastline are being undertaken by the North African country’s government, with the support of the UN Development Programme (UNDP). Tunisia’s extensive coastal areas are a crucial part of its economy providing tourist dollars and opportunities for income-generating activities like fishing, UN News website reports. However, a rise in the sea level, coastal erosion and an increase in the temperature of fishing waters caused by climate change are threatening habitats vital…

Ministry of Industry launches call for tender to build solar plant and wind farm in Tunisia

The Ministry of Industry has launched a call for tender to build and manage a solar plant and wind farm in Tunisia. According to the Ministry, 16 companies and consortiums were pre-selected to contend for the bid to provide and manage a 500-megawatt solar plant, and 12 companies were pre-selected to compete in the bid for building and managing a 300-megawatt wind farm. The Italian energy giant Enel is vying for the solar plant project along with other companies including international energy giants such as Saudi Arabia’s ACWA Power, the…

Morocco’s ambassador to Tunisia appointed president of supreme Independent Authority for Audiovisuals communication

According to Tunisian French-language website « Leaders », Current ambassador of Morocco to Tunisia, Latifa Akherbach is appointed the president of supreme Independent Authority for Audiovisuals communication in Morocco, similar to Tunisian Independent High Authority for Audiovisual Communication (HAICA). Based in Tunis since February 2016, the ambassador manages also the Affairs of the Moroccan Embassy in Libya with residence in Tunis since its closure for security reasons. Well-known in the Moroccan media landscape, before starting a diplomatic carrier, Latifa Akherbach was a teacher at the Journalism Institute in Rabat, then Director of this Institute before being…

“Doing business”: WB makes available to Tunisia human and financial resources to improve its ranking

The International Finance Corporation (IFC), a member of the World Bank (WB) Group, provides Tunisia with all the necessary financial and human resources to help it ranks 50th globally and third in the Arab World and Africa in the 2020 Doing Business report, said its Resident Representative in Tunisia, Georges Joseph Ghorra. The institution will form work teams to determine the indicators related to this report that Tunisia could easily develop and improve, he added at a conference in Tunis for the presentation of the work strategy agreed to improve…

EBRD Supports Microfinance in Tunisia (The Financial)

The EBRD is strengthening access to local currency loans for micro, small and medium-sized enterprises (MSMEs) by signing a credit line with Enda Tamweel, the largest microfinance institution in Tunisia, the Financial reports. The Bank’s MSME credit line of €5 million (TND17 million) will increase the availability of financing for Tunisian small businesses. In a country with a population of 11 million people, the SME sector plays an integral role in the Tunisian economy. However, only 15 per cent of MSMEs in the country have bank loans, while 58 per…

Tunisia’s inflation stable at 7.4 % in November

Tunisia’s inflation rate remained at 7.4 % in November, the third consecutive month at that figure, official data showed on Wednesday, according to Reuters. Inflation has fallen from 7.5 % in August and 7.8 % in June, Reuters added. In May, Tunisia’s central bank raised its key interest rate by 100 basis points to 6.75 %, the second hike in three months, to tackle inflation. TunisianMonitorOnline     Share2+1TweetShare2 Shares