EconSource: Tunisian Minister Paints Gloomy Financial Picture for 2015

Follow the latest news and developments about the Arab transition countries. 

The Tunisian Minister of Economy and Finance, Hakim Ben Hammouda,  on Monday painted a gloomy financial picture for the north African country, saying that domestic and foreign investors are still hesitating in doing business. Hammouda said that the overall financial situation in the country “has not improved” despite measures taken by the Tunisian government regarding the management of debts and austerity. [African Manager]


Head of the Executive Bureau for the Acceleration of Aid Absorption and Implementation of the Mutual Accountability Framework (SEBAA), Amat Al-Alim Al-Soswa, has revealed that the authorities have drawn only 16 percent of out of the $10 billion in donor aid which was pledged after the 2011 unrest. [Yemen Post]


Morocco’s young graduates are faced with a growing jobless rate. Figures from the High Commission for Planning (HCP) highlighted a rise in unemployment between Q2 2013 and Q2 2014, particularly among youths. The number of jobseekers in Morocco has reached 1,114,000, a rise of 65,000, with 39,000 living in urban areas and 26,000 living in rural areas. The unemployment rate rose from 8.8 percent to 9.3 percent. [Maghrebia]





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