by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump Summary: This week, New York-based Fitch Ratings downgraded Tunisia’s long-term foreign currency issuer default rating from CCC+ to CCC-, further confirming the country’s lack of creditworthiness....
by Dispatch Risk Analysis | May 31, 2023 | Economic, Tunisia
Tunisia: World Bank Re-engagement to Provide Stabilizing Influence Summary: The World Bank has reached an agreement to re-engage Tunisia following the recent abrupt pause in cooperation. The pause in engagement was a reaction against comments by President Kais Saied...
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 | 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 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...
