Can Tunisia turn a corner under a new president?
- The death of Tunisia’s first democratically elected president, Beji Caid Essebsi, has brought forward elections to 15 September. These should cement the country’s status as the only democracy to remain from the 2010-2012 Arab Spring revolts.
- Many political conflicts are unresolved, stifling economic reform. These include a vacant Constitutional Court and debilitating political tensions among the country’s three largest parties.
- The first task of the new president should be to put the brakes on a potential economic crisis of declining GDP per person. Dinar appreciation and slower growth in Tunisia’s main trading partners are likely to weigh on the outlook, despite higher tourism and FDI.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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