Category: Trade

Economy to ‘Remain Tough,’ 2015 to Be Worse, Says Government

Economy to ‘Remain Tough,’ 2015 to Be Worse, Says Government

| 11 April 2014 | 0 Comments

A government spokesman has warned that Tunisia’s economic situation is likely to become even more difficult between now and 2015. Nidhal Ouerfelli, deputy minister of economy in charge of the coordination of economic affairs, said that the money the country has borrowed in recent years has not been used for investment. “After July, things will [...]

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Business in the Tunis Medina Not as Vibrant as its Storefronts

Business in the Tunis Medina Not as Vibrant as its Storefronts

Winter is never a very profitable season for stallholders in the Tunis Medina, the centuries-old quarter in the middle of the capital. However, this year’s rainy season is proving to be particularly wet and dull, with many shopkeepers suffering record low sales. “This winter is the worst in 20 years,” says Fathi, one of the [...]

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Buyers Seeing Red at Tomato Paste Price Hike

Buyers Seeing Red at Tomato Paste Price Hike

| 04 March 2014 | 0 Comments

A subsidy cut has increased the price of concentrated tomato paste, commonly sold canned in Tunisia, drawing ire from retailers and consumers of the staple food. The price for a one-kilogram can went from 1.890 dinars ($1.19) to 2.050 dinars ($1.30), a nearly ten percent hike. Tomato paste is one of the most common elements [...]

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Tunisia-Algeria Trade Agreement to Take Effect

Tunisia-Algeria Trade Agreement to Take Effect

| 11 February 2014 | 4 Comments

A trade agreement made between Algeria and Tunisia in 2008 will soon take effect, but some say that Tunisia is getting less out of the deal than its western neighbor. The recently revived preferential trade agreement will go into effect March 1. The deal was reached in September 2008 but not adopted until last Saturday, [...]

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Growth in Exports Slows, Trade Gap Remains Large

Growth in Exports Slows, Trade Gap Remains Large

| 11 December 2013 | 0 Comments

Growth in Tunisian exports slowed in 2013 and the country’s trade imbalance remains high. Exports have increased 5.2 percent from January to November, according to data released today by the Tunisian National Institute for Statistics. This is less growth than seen last year, when exports grew by 6.3 percent over the same period in 2012. [...]

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Tourism Numbers Up, Sector Still Struggling

Tourism Numbers Up, Sector Still Struggling

| 11 December 2013 | 4 Comments

Over 5.8 million tourists visited Tunisia in 2013, an increase of 5.1 percent over the first 11 months of last year, according to data from the Ministry of Tourism. Tourism revenues are also up 1.5 percent from 2012, exceeding 3 billion dinars (1.8 billion US dollars) this year. Still, the sector has not recovered to [...]

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Value of Tunisian Dinar Reaches New Low

Value of Tunisian Dinar Reaches New Low

| 25 November 2013 | 0 Comments

The value of the Tunisian dinar has reached a new low in comparison with the euro and the U.S. dollar. A euro is now worth 2.250 dinars, and a dollar is worth 1.669 dinars, according to the Tunisian Central Bank. These are the lowest values in at least ten years, according to data on the [...]

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With Limits to E-Commerce, Shopping in Tunisia Remains Offline

With Limits to E-Commerce, Shopping in Tunisia Remains Offline

| 11 September 2013 | 2 Comments

The founders of Maryouli had a simple business idea: sell t-shirts online. While such a model is common in developed economies, in Tunisia, Maryouli, which means “my shirt” in Tunisian Arabic, had trouble. First, investors did not think customers would trust the idea of paying for an item online, and then they had to deal [...]

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Tunisians Struggle to Afford Traditional Eid Sweets

Tunisians Struggle to Afford Traditional Eid Sweets

| 08 August 2013 | 5 Comments

Tunisians spend the last days of Ramadan preparing for the Eid el-Fitr holiday. Eid in Tunisia traditionally features the preparation of an array of homemade sweets, but some Tunisian families prefer to buy their Eid pastries instead of preparing them at home. Most of the ingredients needed to prepare these pastries, however, like various types [...]

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Inflation Worries Tunisians as Ramadan Nears

Inflation Worries Tunisians as Ramadan Nears

| 05 July 2013 | 4 Comments

Tunisians across the country are preparing to celebrate the coming of Ramadan, but recent price increases are raising concerns about the expenses ahead during the holy month. Adult Muslims fast from dawn until sunset during the month of Ramadan, which begins on July 9 or July 10 this year, depending on the position of the [...]

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