by Dispatch Risk Analysis | Jan 9, 2023 | Economic, Social, Tunisia
Tunisia: Multi-Year Drop in Rainfall Threatens Crops, Livelihoods Summary: As Tunisia enters a third winter of below-average rainfalls, a country-wide drought continues to threaten the upcoming harvests upon which many rural residents depend for their livelihoods....
by Dispatch Risk Analysis | Jan 9, 2023 | Economic, Tunisia
Tunisia: Development Plan Lays Out $2.7 billion in Green Energy Investments Summary: The three-year development plan recently released by the Tunisian government features $2.7 billion in green infrastructure development. The investments, which presume receipt of...
by Dispatch Risk Analysis | Jan 7, 2023 | Economic, Legal, Tunisia
Tunisia: Swedish Fast Fashion Outlet H&M Exits Tunisian Market Summary: On 6 January 2023, Swedish multinational clothing brand H&M announced plans to close its two storefronts in Tunisia, citing economic reasons. The closure of the Tunis City and Azur City...
by Dispatch Risk Analysis | Jan 6, 2023 | Economic, Legal, Social, Tunisia
Tunisia: 2022 Economic Indicators Highlight Depth of Tunisia’s Crisis Summary: As of early January 2023, multiple economic indicators continued pointing to the challenges that Tunisia is navigating: On 28 December 2022, foreign exchange reserves rose above a 100-day...
by Dispatch Risk Analysis | Jan 5, 2023 | Economic, Legal, Social, Tunisia
Tunisia: Lawyers Protest Citing Increased Tax Burden Summary: On 5 January 2023, Tunisian lawyers protested at the Ministry of Justice against a new tax on their profession. Tunisia’s Bar Association organized the protest, citing stipulations in the recently...
by Dispatch Risk Analysis | Jan 4, 2023 | Economic, Tunisia
Tunisia: Urgent Improvements Ordered at Port of Rades Summary: In early January 2023, urgent improvements were ordered to begin at the Port of Rades to address systemic issues impacting operations at Tunisia’s largest port. With approximately 60% of Tunisian’s...
by Dispatch Risk Analysis | Jan 3, 2023 | Economic, Tunisia
Tunisia: Three-Year Economic Plan Leans on IMF Loan, Private Funding Summary: On 3 January 2023, the Tunisian government released a three-year economic development plan, with President Kais Saied referring to the plan as “prudent.” The plan presumed receipt of a...
by Dispatch Risk Analysis | Jan 2, 2023 | Economic, Political, Social, Tunisia
Tunisia: Transport Workers Strike, Halting Metro and Bus Service Summary: On 2 January 2023, ground transportation workers held a strike in protest of delayed wage payments. Metro and bus employees did not work, disrupting transport throughout the capital city of...
by Dispatch Risk Analysis | Jan 1, 2023 | Contingency
Cyber Basics: Simple Steps and Awareness Cyber security is an increasingly high-profile threat to enterprises and individuals regardless of location or profile. However, a few basic steps can defend against most threats. Here are some basic reminders: Leverage...
by Dispatch Risk Analysis | Dec 31, 2022 | Diplomacy, Economic, Tunisia
Tunisia: Algeria Provides Stopgap Funding Following IMF Loan Delays Summary: In late December 2022, Algeria provided $200 million in financing and $100 million in aid as Tunisia continues to battle an economic crisis. Delays in the finalization of a $1.9 billion...
by Dispatch Risk Analysis | Dec 30, 2022 | Economic, Tunisia
Tunisia: Central Bank Raises Interest Rates Again as 10% Inflation Looms Summary: On 30 December 2022, the Central Bank of Tunisia (BCT) announced an increase in interest rates intended to counter inflation estimated to reach 10% in 2023. The rise in rates was the...
by Dispatch Risk Analysis | Dec 30, 2022 | Diplomacy, Economic, Tunisia
Tunisia: Italian Firm Decries New Taxes Outlined in 2023 Budget Summary: In late December 2022, following the release of the 2023 Finance Law including the national budget, the Tunisian subsidiary of Italian firm Minerali Industrali announced plans to close two...
by Dispatch Risk Analysis | Dec 29, 2022 | Diplomacy, Economic, Tunisia
Tunisia: IMF Loan Deal Decision Reportedly Delayed Second Time to March Summary: As of late December 2022, the International Monetary Fund (IMF) Executive Board had reportedly delayed a second time plans to finalize Tunisia’s $1.9 billion loan deal. A former...
by Dispatch Risk Analysis | Dec 29, 2022 | Legal, Political, Tunisia
Tunisia: Ghannouchi Set for Questioning Over Speech Referencing Security Forces Summary: In late December 2022, Ennahdha leader and former Speaker of the Tunisian Parliament Rached Ghannouchi was called for questioning in anti-terrorism court due to statements made...
by Dispatch Risk Analysis | Dec 28, 2022 | Economic, Political, Tunisia
Tunisia: UGTT Sets Two-Day Transport Strike for Late January Summary: On 28 December 2022, the Union Generale Tunisienne du Travail (UGTT) announced plans for a two-day strike of public sector transport workers in late January. The strike, which will include public...
by Dispatch Risk Analysis | Dec 28, 2022 | Political, Tunisia
Tunisia: Civil Society Coalition Announces Plans for National Dialogue Summary: On 28 December 2022, a coalition of four civil society groups announced plans to begin outlining a national dialogue process. The purpose of the dialogue was explicitly to address the...
by Dispatch Risk Analysis | Dec 27, 2022 | Economic, Tunisia
Tunisia: Long Awaited 2023 Finance Law Published, Drawing Strong Criticism Summary: On 26 December 2023, senior officials from Tunisia’s Ministry of Finance presented the 2023 budget which was tailored to begin a controversial economic reform process. The budget...
by Dispatch Risk Analysis | Dec 20, 2022 | Diplomacy, Economic, Tunisia
Tunisia: Agreement Signed on Joint Sea Route with Libya Summary: In mid-December 2022, the Tunisian Ministry of Transportation signed a preliminary agreement with its Libyan counterpart setting general terms for opening a maritime transport route between the two...
by Dispatch Risk Analysis | Dec 20, 2022 | Diplomacy, Economic, Tunisia
Tunisia: Following Election, France Pushes for Resumption of IMF Talks Summary: On 19 December 2022, the French government called for resumption of talks between the International Monetary Fund (IMF) and the Tunisian government. The call comes following a delay in...
by Dispatch Risk Analysis | Dec 20, 2022 | Political, Tunisia
Tunisia: Former Prime Minister and Ennahdha Leader Arrested Summary: On 19 December 2022, a judge ordered the arrest of former Tunisian Prime Minister and Ennahdha Party leader Ali Larayedh, linking him to an investigation into Ennahdha’s alleged sending of foreign...
by Dispatch Risk Analysis | Dec 20, 2022 | Political, Tunisia
Tunisia: Runoff Parliamentary Elections Set for 20 January Summary: On 19 December 2022, the Tunisian Independent High Authority for Elections announced that run-off elections will be held on 20 January. Runoffs were deemed necessary because only 21 candidates of...
by Dispatch Risk Analysis | Dec 19, 2022 | Economic, Political, Tunisia
Tunisia: UGTT Ramps up Criticism Following Low Turnout for Elections Summary: Following the historically low voter turnout for the 17 December 2022 parliamentary elections, the Union Générale Tunisienne du Travail (UGTT) has increased its criticism of the electoral...
by Dispatch Risk Analysis | Dec 18, 2022 | Diplomacy, Economic, Tunisia
Tunisia: European Investment Bank Commits 220 Million in Loans Summary: On 18 December 2022, the European Investment Bank (EIB) committed to two loans to Tunisia totaling €220 million to help bolster the country’s food security and electrical infrastructure. The...
by Dispatch Risk Analysis | Dec 18, 2022 | Political, Tunisia
Tunisia: Low Voter Turnout Overshadows Parliamentary Elections Summary: On 17 December 2022, Tunisia held long-anticipated parliamentary elections. Voter turnout was widely reported at 8.8% with the final government tally revised upward to 11.2%, though the lack of...
by Dispatch Risk Analysis | Dec 15, 2022 | Economic, Tunisia
Tunisia: Failure to Finalize Finance Law Delays IMF Loan Decision Summary: The International Monetary Fund (IMF) has delayed the approval of Tunisia’s $1.9 billion loan deal due to the government failing to present a final 2023 finance law. The IMF Executive Board...
