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Tunisian Investors Cautious Ahead of Election

Tunisian Investors Cautious Ahead of Election

http://youtu.be/LCezwto3xpE

For the third time this year, Tunisian finance minster Ben Hamida reduced the country’s economic growth forecast to 2.3-2.5 per cent from 3 percent as foreign investment in the North African country dipped ahead of its first presidential election since the Arab Spring ended.

In the Aftermath of the unrest Tunisia has suffered political unrest and  social instability. An interim government has led the country since former President Aberdeen Bannali was toppled in 2011. The current government nor seeks to transition successfully to sustain democracy.

“Any government that will take office has no choice the only way to succeed is to find solutions for economic problems to save this country’s economy through work,” Wided Bouchamaoui, a UTICA Employers Union president, told Bloomberg TV Africa at an investor conference in Tunis.