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 | 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 12, 2022 | Economic, Tunisia
Tunisia: Trade Deficit Hits Record Levels in November Summary: In November 2022, Tunisia’s trade deficit rose to record levels as the impacts of the COVID-19 pandemic and the country’s ongoing financial crisis further stressed the economy. The overall trade deficit...
by Dispatch Risk Analysis | Dec 10, 2022 | Economic, Tunisia
Tunisia: Multiple Energy Projects Announced Summary: Recently, multiple large-scale power projects were announced in Tunisia. The European Union plans to invest over €300 million in an undersea high voltage electricity cable, called ELMED. Emirati energy firm AMEA...
by Dispatch Risk Analysis | Dec 2, 2022 | Economic, Tunisia
Tunisia: Fitch Upgrades Default Rating, Warns of Inflation Summary: On Thursday, 1 December 2022, Fitch Ratings released a comprehensive report, noting an overall upgrade from CCC to CCC+ for Tunisia’s Long-Term Foreign Currency Issuer Default Rating (IDR). The...