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Tunisia’s potential IMF deal to boost manufacturing investments

Cranes and containers are pictured on November 12, 2014, in the Tunisian port city of Rades. The World Bank said in a report published last September that Tunisia's economic model of manufacturing for exports and protecting the domestic market was valid in the 1970s but since then had hindered progress. AFP PHOTO / FETHI BELAID (Photo credit should read FETHI BELAID/AFP via Getty Images)
To:

Al-Monitor Pro Members

From:

Francisco Serrano

Journalist and analyst specialized in North Africa

Date

Nov. 29, 2022

Bottom Line: 

The past decade has been hard on Tunisian industry. Political instability has weakened sectoral policy. Regular labor stoppages drove down manufacturing output. Security concerns have discouraged foreign and domestic investors from expanding. The dire budgetary situation and the risk of debt default have weakened overall business confidence. But the economic balance that might come from the IMF deal could improve the sector’s overall prospects.