Arab Today, arab today tunisia seeks way between unrest and uncertainy
Last Updated : GMT 22:20:05
Arab Today, arab today
Arab Today, arab today

Tunisia seeks way between unrest and uncertainy

Arab Today, arab today

Arab Today, arab today Tunisia seeks way between unrest and uncertainy

Tunis - AFP

Nearly five months after a popular uprising swept president Zine El Abidine Ben Ali from power in the first days of the \'Arab Spring,\' Tunisia looks to rebuild an economy mired in political uncertainty. Tunisia, used to posting at least five percent annual growth, faces stagnation this year as the authorities try to meet rising aspirations, hold elections and limit the fallout from unrest in neighbour Libya. Unemployment, which ultimately drove the unrest against the old regime, could reach 20 percent of the workforce this year, up from 13 percent in 2010, the government admits. \"The revolution is making existing problems even worse in dramatic fashion at a difficult time,\" said Tunisian economist Mohamed Ben Ramdhane. \"Instability is hurting tourism and investors don\'t like unstable conditions.\" Since Tunisia\'s popular revolt sparked the region-wide Arab Spring, the country has regained relative calm but tensions remain there are strikes, fear of Al-Qaeda and of the Libyan crisis on its borders bringing thousands of refugees. On the political front, a transitional government is still in place but is in pains to meet electoral deadlines and hand over power. The longer the uncertainty remains, the slower the return of tourists, who supported some 400,000 jobs in a sector accounting for nearly seven percent of gross domestic product. With official numbers forecasting a 41 percent drop in tourists and a 48 percent drop in revenues, the 2011 tourist season will be sluggish, despite advertising campaigns celebrating a \"new Tunisia\". Foreign investors are skittish. Direct foreign investment, a key driver for job growth, crashed 25 percent over the first four months of the year compared to the same period in 2010, according to the Tunisian foreign investment agency. \"The political classes are involved in Byzantine discussions on election dates while ignoring the fundamental problems,\" said labour expert Abdeljalil Bedoui, deploring the lack of a clear political and economic message. Widespread opinion agrees that the real priorities are the same ones as the Ben Ali era reducing regional inequality and kick-starting job creation, especially for the 80,000 university graduates who hit the job market every year. Some analysts say there are positive signs despite the problems. Exports electrical goods, agriculture, textiles -- increased 11 percent in the first quarter of 2011 and the harvest outlook seems promising. \"Inflation is under control and public debt isn\'t going beyond 45 percent (of GDP),\" said expert Bedoui. The international community meanwhile has promised $40 billion (27.6 billion euros) to support democratic change in the Arab world. \"But aid risks putting our country deeper into debt,\" cautioned Bedoui. \"Our partners have to sustain the revolution by foregoing repayment on some of that debt.\" For economist Mohamed Ben Ramdhane, a massive investment program sustained by international loans is key. An economic rebound he says can only occur by financing infrastructure, helping small businesses and by giving direct aid to regions too often forgotten in the past.

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 tunisia seeks way between unrest and uncertainy Arab Today, arab today tunisia seeks way between unrest and uncertainy

 



Arab Today, arab today
Arab Today, arab today Accessories designer reveals her new collection

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
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 Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today Number of unwedded girls amounts to 2.5m

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
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 Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
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