Report
Research Team

Tunisia Coverage Aug 9 - Sep 21

• Union calls nationwide public sector strike on Oct 24 against privatisation
• World Bank disburses USD 500mn to support budget
• Union, industry agree on 6.5% private sector wage hike
• IFC ready to extend USD 500mn funding for Tunisia
• Debt service will account for 17% of spending in 2019 - minister
• Nidaa Tounes suspends PM Chahed
• Government reportedly gears for USD 1bn issue in early October
• Government to offer USD 4.7bn public-private partnerships – minister
• CPI inflation remains unchanged at 7.5% y/y in August
• Budget deficit shrinks by 43.4% y/y to TND 1.7bn in H1
• Government hikes fuel prices 4.4% on average as of Sep
• IMF completes review mission to allow disbursement of USD 257mn tranche
• PM Chahed sacks energy minister, plans to merge ministries – report
• Energy price adjustments in 2018 generate only TND 487mn in savings so far
• IMF tranche disbursement comes into focus amid allegedly difficult talks
• Unemployment remains high at 15.4% in Q2
• GDP growth accelerates to 2.8% y/y in Q2
• Foreign trade deficit widens 63% y/y in July
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