The Tunisian government will again in 2026 seek extraordinary direct financing from the central bank of up to $3.7 billion, the budget draft submitted to media on Wednesday revealed, as a measure to finance the fiscal deficit since external financing is short, according to Finance Minister Ali Kooli. Tunisia is battling a severe financial crisis characterized by high public debt, low growth, and scarce access to external financing after President Kais Saied took almost all the powers in 2021, which the opposition branded as a coup. The financial strain has…
Day: October 16, 2025
Tunisia Embraces Dubai’s Playbook to Fuel Investment and Define Its Path in Data Center Market
The 22nd Strategic Council meeting of the Tunisia Investment Authority (TIA) was held on Tuesday, October 14, 2025, defining the path for economic development by concentrating on two strategic pillars: leveraging private sector advice to reform and riding the boom in the data center market. The highest-level session, presided over by TIA President Mrs. Namia Ayadi, focused on mechanisms to formally engage business in the policymaking process. A highlight session was offered by Mrs. Nadin Chami, Principal Director of Policy Advocacy at the Dubai Chamber of Commerce, that set out…