Home | Business | Economy and Trade | Tunisia: Painful Recovery for the Business Sector

Tunisia: Painful Recovery for the Business Sector

Font size: Decrease font Enlarge font

As if the Jasmine Revolution was not enough in itself, the Tunisian economy is also suffering from a massive drop in trade with its troubled eastern neighbor of Libya. Government data suggests that during the recent disturbances, Tunisia lost in all between 5 to 8 billion dinars as a consequence of the inevitable crisis.

While tourism revenues were the most affected, major Investment projects were suspended and thousands of jobs vanished. Although the government estimates the loss at about 4% of GDP, we think it is a much bigger figure, which is currently driving the economic on the path to recession...

Continue here | Click here to subscribe

Comments (0 posted):

Post your comment comment

Please enter the code you see in the image:

  • email Email to a friend
  • print Print version
  • Plain text Plain text
No tags for this article
Rate this article
Connect with Us
Connect with Us
Click below if you like