Tunisia’s annual inflation rate falls in September to 7.4 pct

Tunisia’s annual inflation rate in September fell to 7.4 percent from 7.5 percent in August, a government official told Reuters on Wednesday. Tunisia’s inflation rate stabilised at 7.5 percent in August, unchanged from July, after hitting 7.8 percent in June, the highest seen since 1990.  The central bank expects a rate of 7.8 percent this year and 7 percent next year. In June, the central bank raised its key interest rate by 100 basis points to 6.75 percent, its second hike in three months, to tackle inflation. The International Monetary…

Swiss-Tunisian migration accords bearing fruit, says minister

Migration accords signed between Tunisia and Switzerland in 2012 are bearing fruit, Tunisian Foreign Minister Khemaies Jhinaoui has told swissinfo.ch. “To stop the flood of illegal immigrants, our two countries set up a programme of cooperation focusing mainly on support for voluntary return [of asylum seekers] and on professional training for young Tunisians in their own country,” he said. “According to our statistics, more than 1,600 Tunisian asylum seekers have returned home thanks to this support.” Asked how many people had benefited from the training programme, Jhinaoui said “frankly not…

Phosphate production down by 25% this year in Tunisia

The phosphate production decreased by 25 % in the first nine months this year to 2.6 million tonnes compared with the same period last year, the Phosphate Gafsa said on Wednesday. Phosphate exports are a key source of foreign currency reserves, which have dropped to levels worth just 77 days of imports, according to Tunisia’s central bank. Weak phosphate output in the first nine months due to protests will complicate the government’s plan to reach 6 million tonnes of production by the end of this year. In 2017, output was…

Morocco’s foreign minister rejects EU’s migrant centers

Morocco’s foreign minister said his country should play a greater role in EU decisions on migration in a newspaper interview. Nasser Bourita said Morocco was opposed to the migrant centers that the EU has suggested. Moroccan Foreign Minister Nasser Bourita said he rejects the European Union’s plan to build asylum centres in North Africa, according to an interview with German national daily Die Welt. The EU wants to reach migration deals with Middle East and northern African countries, such as Morocco, Egypt, Tunisia, and Libya, similar to the one it has with…