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IMF Statement on Tunisia

Growth is slowly improving, but strong consumption is fueling inflation and further increases already high fiscal and external deficits. Exchange rate flexibility, tighter monetary policy, and fuel price increases have already started to address the imbalances, and the recent launch of the fight against corruption has improved confidence. Putting the ...

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OMV completes sale of Tunisian oil field

Austria-based OMV has closed the sale of its 50% stake in the offshore Ashtart oil field located in the Gulf of Gabes, Tunisia, to oil and gas company Perenco. OMV has also divested its 50% stake in the operating company SEREPT to the buyer as part of the agreement. Both parties ...

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Tunisian dinar falls to lowest rate in years

The Tunisian dinar fell to its lowest rate in years trading at 2.83 against the euro and 2.412 against the US dollar. Authorities explained the decline saying that Tunisia did not receive the last instalment from the International Monetary Fund (IMF) loan which would have contributed to helping the country’s ...

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Thomas Cook to re-offer trips to Tunisia

UK travel agent Thomas Cook has announced that it could start offering package holidays to Tunisia as soon as spring 2018. Thomas Cook has not offered packages to the country after the 2015 terror attack that left 38 people, including 30 British holiday makers, dead. Reported in UK news outlet The ...

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Tunisia Tourism Gets Boost as UK Lifts Two-Year Travel Ban

About 3.5 million tourists have visited Tunisia up to July, said Minister of Tourism and Handicrafts Selma Elloumi Rekik. Tunisia managed to recover traditional markets, such as France. The lifting by the UK of the Tunisia travel ban was also behind tour operators considering the relaunch of programmes, the Minister said as ...

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Tunisian businessmen keen to invest in Qatari market

The visiting members of a Tunisian trade delegation have expressed their keen interest to invest in Qatari, especially to establish industrial projects, to meet the growing needs of the local market. Qatar Chamber (QC) also expressed its readiness to establish effective cooperation between Qatari and Tunisian businessmen to enhance the ...

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Tunisia aims for 10 mln visitors in 2020

Over 3.5 million tourists have visited Tunisia since the start of the year, Minister for Tourism and Craftsmanship Selma Elloumi Rekik has said. The indicators are positive and bode well for the coming season, she added. “We aim to reach 10 million tourists in 2020, and for this reason we ...

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Tunisia: Dinar is 2nd highest currency in Africa

The Tunisian Dinar is the second highest currency in Africa, according to the Nigerian information site NAIJ which is based on the criterion of its parity with the US Dollar, 1 US dollars worth 2.41 Tunisian dinars and 130 Naira, the national currency Of Nigeria. In the ranking of the ...

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