Esprit wins Enactus Tunisia competition

The Private Higher School of Engineering and Technology (Esprit) won on Tuesday, the prize of the 9th competition Enactus Tunisia placed this year under the theme “Social entrepreneurship vector of progress”. This victory will allow Esprit to represent Tunisia at the international Enactus World Cup competition, which will be held from October 9 to 11 in Silicon Valley, California, a competition involving nearly 36 countries. Succeeding to distinguish itself among 23 other teams representing public and private universities, Enactus Esprit was awarded the trophy by Prime Minister Youssef Chahed, during…

Moody’s forecasts growth of 3% and rise of government debt ratio to 73% in 2019

Moody’s forecasts a growth of 2.8% in 2018 and 3% in 2019 from 1.9% in 2017 and a rise in the government debt ratio to 73% in 2019 in Tunisia. The government debt ratio will reach 72% of GDP in 2018 and 73% in 2019, driven by a steady currency depreciation, persisting primary deficits and an increasing interest burden, Moody’s said in its report, “Government of Tunisia — B2 Stable, Annual credit analysis.” “Tunisia’s debt ratio increased sharply to almost 70% of GDP at the end of 2017 and higher…

Tunisia pledges to represent Africa for non-permanent seat in UNSC

Khemaies Jhinaoui added that Tunisia also benefited from the support of the Arab League in a bid for a non-permanent seat for the 2020-2021 mandate Tunisia pledges on Monday to assume responsibility to represent the African continent in the UN Security Council, in a bid for a non-permanent seat for the 2020-2021 mandate, the foreign ministry said in a statement. Foreign Minister Khemaies Jhinaoui took part in  the 31st African Union summit, during which member countries approved Tunisia’s candidacy for the non-permanent seat in the UN Security Council. The foreign…

Tunisian-Libyan Economic Forum: Trade exchanges between Libya and Tunisia decline

 Tunisian Minister of Industry and Small and Medium Enterprises, Slim Feriani, said in a brief press statement during the Tunisian-Libyan Economic Forum on Sunday in Tripoli that the trade exchange between Tunisia and Libya has declined from $ 2 billion to only $ 1 billion. Feriani voiced  hope that the scale of trade will reach $ 3 billion by 2020, adding that the trading volume between Tunisia and Libya is well below the two countries’ potential and very low to what it was in 2010. The Tunisian-Libyan Economic Forum was…