Economy

A new project to help eight African countries operationalise the African Continental Free Trade Area (ACFTA) has been launched, under a partnership between the United Nations Economic Commission for Africa (ECA), the International Islamic Trade Finance Corporation (ITFC) and the Enhanced Integrated Framework (EIF).

Italian businessmen operating in various sectors in Tunisia called, on Friday, during a meeting with Minister of Economy and Planning, Samir Saied, for improving logistic services in the field of maritime transport, developing the foreign exchange code and lightening administrative procedures, to boost the business and investment climate in the country.

The Tunisian dinar exchange rate depreciated against the dollar, as 1 dollar was worth 2.966 dinars on March 9, 2022, compared to 2.763 dinars on the same date last year, according to statistical data released Friday by the Central Bank of Tunisia (BCT).

Governor of the Central Bank of Tunisia (BCT) Marouane Abassi, called on the International Monetary Fund to provide specific mechanisms in the form of budgetary support and balance of payments assistance, in order to mitigate the impact of soaring international commodity prices (food and energy) on public finances and foreign exchange reserves in African countries, BCT said Friday.

President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) Samir Majoul discussed ways to boost economic cooperation between Tunisia and Italy, as he met President of the General Confederation of Italian Industry (Confindustria) Carlo Bonomi on Friday in Rome.