Arab Today, arab today tunisian expm recovery depends on consensus
Last Updated : GMT 18:18:50
Arab Today, arab today
Arab Today, arab today

Tunisian ex-PM: Recovery depends on consensus

Arab Today, arab today

Arab Today, arab today Tunisian ex-PM: Recovery depends on consensus

Tunis - TAP

The recovery of the Tunisian economy hinges on consensus among different political parties, which alone is able to restore security and economic and social stability, outgoing Prime Minister Hamadi Jebali said after a Cabinet meeting held Friday in Dar Dhiafa, Carthage. The meeting, which brought together the Governor of the Central Bank of Tunisia, the Ministers of Finance, Investment and International Co-operation and the Minister in charge of Economic and Social Issues, focused on the economic and social situation in the country. With regard to Tunisia's co-operation with the International Monetary Fund (IMF), Mr. Jebali said "this institution has not imposed on the country additional conditions above what the country has assigned for itself, particularly in terms of reform of the financial and banking sector, wages and the equalisation system." He warned against "politicising this issue not to mislead the public opinion." "Many parties have contributed to the spread of a bad image of the social and political situation which led to the deterioration of Tunisia's economic situation," added Mr. Jebali. Among the economic sectors that have been affected, he cited tourism and investment. For his part, Mr. Ridha Saidi, Minister in charge of Economic and Social Issues stated that "the year 2012 was marked by an economic recovery interrupted by political differences." Indeed, some sectors recovered in 2012, despite the social tension recorded in that period, he noted. Saidi added that the rate of unemployment reached 16.7% in 2012 against 18.9% in 2011. Regarding the outlook of the economy, he said a growth rate of 4.5% is expected in 2013. Budget deficit will be around 5.9% in 2009, against 6.6% in 2012, added Mr. Saidi. He called, in this context, to take all necessary measures to control the general balance and reduce the budget deficit. However, the budget allocated to equalisation should reach nearly 5,500 million dinars in 2013, he specified (4,200 million dinars planned under state budget). With regard to the repayment capacity of Tunisia, Mr. Saidi stated that the country is able to meet its financial commitments towards its international partners. On the lowering of Tunisia's debt rating, the minister explained this decline by the political crisis faced by the country and the delay in the formation of a new government. Moody's, Thursday, downgraded Tunisia's debt rating one notch to "Ba1" from "Baa3," citing the country's grave political crisis and its deteriorating credit fundamentals. Moody's also announced that it put the rating on review for a possible further downgrade

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tunisian expm recovery depends on consensus Arab Today, arab today tunisian expm recovery depends on consensus

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday