Tunisia’s economy starts to rebound but structural issues persist – IMF

IMF approved $249m loan to Tunisia in July as part of four-year reform plan. Tunisia’s economy is displaying signs of economic recovery following difficult years since the Arab Spring, but remains dependent on consumption and imports, with weak investment and high levels of unemployment, prompting calls from the International Monetary Fund to cut its fiscal deficit and stabilise public debt. “There are some encouraging signs that economic activity is picking up,” said Björn Rother, IMF economist and head of staff for Tunisia, in a note on Friday following a visit…

Signs of economic progress in Tunisia overshadowed by political instability

Despite the gains, many have yet to find relief from economic hardships that have hit the country since 2011. The Tunisian economy showed signs of growth during the second quarter of 2018, giving ammunition to Prime Minister Youssef Chahed in his promise to turn the country’s economic indicators “green by the end of 2019.” However, the relatively strong numbers did little to help Chahed shore up political support in a government that has been fractured by infighting. Tunisia’s Islamist Ennahda Movement, the main backer in Chahed’s coalition government, said the…

Cowbellpedia: Columbian, Tunisian Maths Lecturers Seek Simple Method In Teaching

Two Mathematics lecturers Bernardo Recaman Santos, of the Universidad de Los Andes, Bogota, Colombia and Karam Aloui, who teaches Mathematics at the University of Spax, Tunisia have appealed to teachers of the subjected to make its teaching simple, saying the subject, dreaded by many students, could be fun and relaxing. Speaking at the Abuja edition of the Cowbellpedia Academy, which was organised to commemorate the 20th anniversary of Cowbell and Mathematics, Recaman Santos, said that Mathematics teachers should help their students cure phobia and fright of the subject by making…

The Great American Eclipse Is History So Start Planning The ‘Eclipse Of The Century’ … In Tatouine

Hoping to tour the Stars Wars sets in Tunisia one day? Or see Egypt’s Valley of the Kings? Make that day August 2, 2027, when the longest eclipse remaining in any of our lifetimes will plunge a narrow strip of North Africa into darkness for a whopping maximum of six minutes and 23 seconds. The incredible spectacle of totality will be visible from the ancient city of Thebes near Luxor, Egypt. Also Mecca in Saudi Arabia, Islam’s holiest city and the birthplace of the Prophet Muhammad. The moon’s shadow will even travel across the Tunisian desert,…

Key Insights On Digital Activities Across Some North African Countries

There are about 238 million people across the seven countries in North Africa according to a UN-based report. The region has an internet penetration rate of 49%, second only to Southern Africa’s 51%. Social Media penetration in the region is 38%, the highest on the African continent with the most used messenger apps being Facebook Messenger and Whatsapp. In terms of development, the region has some of the highest HDI figures in Africa per a UNDP report released in 2016. Algeria and Tunisia have high HDI figures of 0.745 and 0.725, ranking 83rd and 97th…

Algerian holidaymakers boost Tunisia’s tourism numbers

Tunisian officials predict that approximately 8 million tourists will spend holidays in Tunisia this year. On July 10, a day after jihadists killed six members of Tunisia’s security services near the Algerian border, Algerian Interior Minister Noureddine Bedoui stood at the main border crossing between the two countries to personally supervise the flow of Algerian tourists into Tunisia. Bedoui’s presence on the border, encouraging Algerians to visit Tunisia, reflected the country’s long-standing economic and security support for its neighbour. A month later, Algerian tourist numbers had improved, jumping from a…

Tunisia’s foreign currency reserves drop to record lows

The Central Bank said reserves stood at the equivalent of 70 days of imports — the lowest level in more than 25 years. Tunisia’s foreign currency reserves plunged to their lowest level in more than 25 years, even as the country secured loans and aid pledges from international lenders, increased farming exports and entered a promising tourism season. The contrast raised alarms about the country’s economic malaise, underscored by a weakened currency and higher import bills for oil and wheat. Tunisia’s Central Bank said foreign currency reserves on August 7…

Equal inheritance rights for women in Tunisia, landmark initiative for equal society

The proposal of the inheritance law sparked debate among Tunisians who were divided between the secular who commends the proposed law and support women’s equal rights in accordance with the Tunisian constitution and the cleric conservatives who opposed any changes on the law that might be seen as challenging the Islamic laws. The bill to be submitted to parliament soon aims to give women equal inheritance rights with men, as the debate over the topic of inheritance arouses a controversy among the different fringes of the Tunisian society. President Beji…

UK leisure travel rises in destinations previously hit with terror threats

Tourists from the UK this summer have returned to popular travel destinations previously considered at risk for unrest or terrorism, according to data from ForwardKeys and GfK, which showed a 4.9 percent jump in UK leisure travel. “These findings illustrate the ultimate resilience of travel and tourism. Tourists are prepared to reassess their impressions of a destination if it manages to remain safe for an extended period of time. It’s encouraging that the countries previously affected by unrest are seeing their tourist-marketing efforts pay off in hard figures,” Olivier Jager, CEO and co-founder…

Did Morocco let more migrants make dangerous Spain crossing?

 Morocco may have relaxed migration controls into Europe as leverage in key negotiations with Brussels, it’s been claimed. The country, 14 kilometres from Andalucía, is in fresh focus after its northern neighbour Spain emerged as the busiest route into the EU for migrants. Experts say while they cannot be certain, there are suspicions border checks were eased ahead of negotiations on a fisheries agreement and how much Brussels should give Rabat for helping protect the EU’s external border. It’s controversial because the sea crossing to Spain can be deadly —…