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Tunisia working on issue of duties on Turkish goods

Tunisia is working to resolve the issue of duties on Turkish imports through developing exports from both countries, Tunisia’s minister of development, investment and international cooperation said on Thursday. “We are working to resolve this issue, and we have the commitment from the Turkish head of state and the Turkish ...

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African Development Bank supports Tunisia digital plan with new loans

The African Development Bank has signed two new loans for the government of Tunisia. The financing will support increased technical education and training and the National Strategy Tunisia Digital 2020. The first loan of EUR 72 million will support the development of technical and technological skills at schools, to help ...

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Tunisian Tourism starts to show recovery: Foreign Tourist arrivals up 23

The number of foreign tourists in Tunisia rose by 23%t in 2017 compared with the previous year, official data revealed. Tourism revenues were, on December 20, 2017, at 2,696.5 million dinars registering an evolution of 16.3% compared to the previous season, according to the same source. August was marked by ...

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The Sahara: a solar battery for Europe?

TuNur, a small company based in the UK, has applied to the Tunisian Government to begin construction of a 4.5GW concentrated solar power (CSP) project in the Sahara Desert. If successful, the energy generated will be transported via underground cables to Italy, Malta and France, providing Europe with a new, ...

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Tunisia’s Olive oil production reaches highest growth (IOC)

The International Olive Council (IOC) estimates that Tunisia registered over the 2017/2018 campaign the highest growth in olive oil production, with 120%. The production estimated this year at 220,000 tonnes, which enables Tunisia to rank fourth at the global level. The olive oil production of Turkey, Morocco, Algeria, Argentina, Jordan, ...

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Supporting local capital market and currency in Tunisia

The European Bank for Reconstruction and Development (EBRD) has supported the new modelling of a sovereign benchmark yield curve in Tunisia, a building block for developing capital markets in Tunisian dinar. The new curve was presented today in Tunis to the main stakeholders, including government officials, banks, primary dealers, brokers, ...

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Tunisia expects surge in olive oil production to boost battered economy

Trucks loaded with boxes full of olives were queueing at a press plant in this small Tunisian town as the North African country sees a surge in olive oil production in a badly-needed boost to its ailing economy. Tunisia, one of the world’s top three olive oil producers, expects olive ...

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UNWTO: Southern and Mediterranean Europe, MENA drive tourism growth in October 2017

Destinations around the world welcomed 1.1 billion international tourists between January and October 2017, according to the latest UNWTO World Tourism Barometer. This represents a 7% increase on the same period of last year, or 70 million more international arrivals. Strong demand for international tourism across world regions reflects the ...

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EIB lends 21 mn to Tunisia’s One Tech Holding

The European Investment Bank (EIB) and the Tunisian group One Tech Holding (wiring, mechatronics, computer technology and electronics) signed an agreement in Tunis for a 21-million-euro financing deal to support the group’s expansion and modernisation in production capacity in the cable and mechatronics sector. One Tech intends to invest in ...

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IMF Concludes the 2017 Article IV Consultation and Announces Staff-Level Agreement for Completion of Second Review of Tunisia’s Extended Fund Facility

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report ...

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