Balancing a budget is made all the more challenging in times of low growth. However, Tunisia has had some remarkable success in addressing its fiscal shortfalls, and while debt has been inching upwards, it is still manageable. The government has more work to do to bring the budget closer to a surplus and will look to slow the rise in debt, but...
Tunisia has received ample coverage as one of the few – if not arguably the only – true success stories of the Arab Spring. Much of substance has been achieved in the last five years, as the country has taken the first steps towards becoming a robust and transparent democracy, showing a propensity towards consensual dialogue and negotiation....
Tunisia has been going through a watershed period in its modern history, with the revolution of 2011 bringing much-needed change and reform. While the country has avoided much of the instability of the wider region, it has nonetheless undergone a spell of turbulence, testing the country’s newly found democratic bonds. However, with a young...
As part of efforts to develop the economy, the Tunisian authorities are keen to boost levels of investment, which stand at around 18.5% of GDP, well below the 30% witnessed in neighbouring Morocco. The country’s 2016-20 development plan requires total investment of TD125bn (€57.3bn) to be made in the coming five years. In order to facilitate...
While Tunisia consolidates the progress it has made domestically over the last five years, the situation in its immediate neighbourhood remains difficult and volatile. The government has sought to play a central diplomatic role in helping to resolve the intractable issues plaguing Libya and, further afield, Syria, without inflaming tensions....
Despite Thailand boasting a top-rated airport and a flagship carrier ranked in the top 20 globally, the country’s aviation sector was hit in 2015 by a series of negative reviews and downgrades by a foreign regulator and an international aviation organisation. The assessments surprised the travelling public and gave rise to a number of...
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