European Union aid for Tunisia was overambitious and too lax, according to the European Court of Auditors. Auditors examined €1.3bn in financial assistance provided to Tunisia in the wake of the 2011 Arab Spring until 2015, a time in Tunisia characterised by political and economic instability, social unrest and terror attacks and an overall bumpy transition to democracy.“Security has become an important challenge for the country,” noted Karel Pinxten, the member of the ECA responsible for the report. “Against such a background, the effective management of EU financial support is…
Day: March 29, 2017
Egyptian and Tunisian artists awarded UN prize for culture
Egyptian artist Bahia Shehab and French-Tunisian artist eL Seed have been awarded the UNESCO-Sharjah prize for Arab culture for their innovative use of Arabic calligraphy in street art. Shehab, who is the first woman in the region to receive the award, has said that art can be a tool for change that can encourage people to engage for justice. Her work “No, A Thousand Times No” began with the compilation of 1,000 “nos” as they had been depicted on anything ever produced under Islamic and Arab patronage, from art and…
Tunisia: MCC grants US$ 750,000 management premium.
The Millennium Challenge Corporation (MCC) granted Tunisia a US$ 750,000 management premium. The contract was signed Tuesday by Minister of Development, Investment and International Cooperation Mohamed Fahdel Abdelkéfi in the presence of US Ambassador to Tunisia Daniel Rubinstein, a delegation from this independent U.S. foreign aid agency and its Country Program Coordinator. The MCC seeks to provide Tunisia among other partner countries with the needed financial and technical support as part of programs designed to reduce poverty through growth. It also aims to help create opportunities for disadvantaged regions and…
Tunisian former PM Jomaa launches ‘non-ideological’ political party
Tunisia’s former Prime Minister Mehdi Jomaa launched a new political party on Wednesday which he said would be non-ideological and could “restore hope for Tunisians” frustrated by the country’s transition. Jomaa led a technocratic government in 2014, a year that ended with free elections and a new constitution seen as key steps following the 2011 overthrow of Zine El Abidine Ben Ali. For the past two years, Tunisia has been governed by a coalition led by the secularist Nidaa Tounes party and the moderate Islamist party Ennahda. National politics can…
China Railway Group to open subsidiary in Tunisia
China Railway, one of the major companies operating in infrastructure construction and manufacturing of engineering equipment and components, is opening an office in Tunisia. Zied Laâdhari, the Tunisian Minister of Trade and Industry announced this, following a meeting with a delegation of Chinese investors, led by China Railway Chairman of the Board of Directors, Wei Yankun and secretary general of the Chinese project New Silk Road, Hong Hong. China Railway is the group that carries out the project “The new Silk Road”, a titanic project that consists of building hundreds…
Tunisian official caught in act of taking bribe
TUNIS: A Tunisian allegedly caught red-handed taking a bribe was among three regional officials sacked Monday by Prime Minister Youssef Chahed, who has vowed to fight graft. A government statement announced the sackings but did not say why the three were relieved of their duties. A spokesman for a provincial prosecutor said one of the officials had been arrested during a police sting allegedly pocketing money from a businessman who had complained to authorities that he had been asked to pay bribes. According to spokesman Mohamed Ali Barhoumi, the businessman…
Tunisian Parliament drafts ‘Economic Emergency’ bill for jobs
Tunisia is drafting a bill on economic emergency that will enable the government to bypass bureaucratic hurdles and speed up large-scale projects to create jobs and boost growth. This move comes amid increasing pressure from IMF to reform the economy. Since its 2011 uprising,the country has been struggling with administrative and bureaucratic obstacles for local and foreign investors. Economic adviser, Ridha Saidi, says the Parliament will start debates on the new bill aimed at reducing obstacles in the economy. By the new law ,Tunisia is committed to providing a better investment…