Economy

UTICA welcomes progress in negotiations with IMF and urges government to undertake reforms

The Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) on Wednesday welcomed the progress of negotiations between Tunisia and the International Monetary Fund (IMF), calling on the government to promptly undertake socio-economic and financial structural reforms.

IMF : Discussions on new EFF to support authorities’ economic policies and reforms have been productive

«Discussions on a new Extended Fund Facility (EFF) to support the authorities' economic policies and reforms have been productive, the International Monetary Fund (IMF) said.

Fitch places Tunisia and other countries on UCO on Final Sovereign Rating Criteria

"Fitch Ratings has placed Tunisia's 'CCC' Long-Term Foreign - (FC) and Local-Currency Issuer Default Ratings (IDRs) and debt instruments Under Criteria Observation (UCO) following the conversion of the agency's exposure draft of its Sovereign Rating Criteria into final criteria, says expert in economics and financial markets, Moez Hadidane."

Tunisia : Inflation rises to 7.8% in May

Inflation has continued its upward trend, picking up in May 2022 to 7.8%, from 7.5% in April, 7.2% in March, 7% in February and 6.7% in January, the National Institute of Statistics (INS) announced Sunday.

Grain : Tunisian government seeks to achieve self-sufficiency in durum wheat

The Tunisian government is seeking, as part of its reform programme, to achieve self-sufficiency in durum wheat by increasing the profitability of national crops and reducing imports.

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