Arab Today, arab today tunisian dinar slumps amid fears of inflation
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

Tunisian dinar slumps amid fears of inflation

Arab Today, arab today

Arab Today, arab today Tunisian dinar slumps amid fears of inflation

Tunis - XINHUA

As the Tunisian dinar is hitting an all-time-low against major foreign currencies such at the USD and euro, analysts fear that the country\'s inflation rate which recently stabilized at 6.4 percent will rise out of control, further crippling the country\'s middle class purchasing power. The Dinar\'s de facto devaluation which has not been yet officially announced by Tunisian authorities, has triggered a number of reactions calling on the government to take emergency measures to boost the economy by putting an end to the crippling strikes affecting production and scaring away investors. Hichem Elloumi, the deputy chairman of the country\'s managers\' union UTICA, told a meeting that it was important to penalize acts running counter to importing and exporting activities, as well as to favor the quality of public services. UTICA also proposed 9 measures to restart the economy and attract further investors. Ridha Saidi, the country\'s minister delegate to the prime minister in charge of economic affairs, announced an urgent meeting on Sunday dedicated to finding solutions buoy up the country\'s ailing economy. Elyes Jouini, a Tunisian scholar and economic expert etched out an alarming picture of the Tunisian economy arguing that the mass of 700,000 people unemployed including 70 percent under the age of 30 is constantly increasing and is threatening to become the root cause of further economic and social tensions. More than 30 percent of the unemployed are university diploma holders, he noted. UTICA has prepared a white book dubbed \"Tunisia: Vision 2020\" in which it proposes a five action plan to bolster the Tunisian economy. The plan includes the valorization of the notion of work, the setting up of a new fiscal system, the reorganization of work relations, the importance of innovation and the declaration of an economic state of emergency stretching over the period 2013 and 2020.

arabstoday
arabstoday

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 dinar slumps amid fears of inflation Arab Today, arab today tunisian dinar slumps amid fears of inflation

 



Arab Today, arab today

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 dinar slumps amid fears of inflation Arab Today, arab today tunisian dinar slumps amid fears of inflation

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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