Day: September 16, 2023

1st IFRIQUIA ENERGY HUB from September 18 to 20 in Tunis

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Tunis will host the first IFRIQUIA ENERGY HUB from September 18 to 20, 2023, at the City of Culture. This major event, which will bring together the energy community in Tunisia and Africa, is organised by the Tunisian Energy Professionals Association (TENS, Tunisia Energy Society) with the support of several institutional partners such as the Entreprise Tunisienne des Activités Pétrolières (E. T.A.P.), the Agence Nationale pour la Maitrise de l’Energie(A.N.M.E.), AGIL Energy, the Green Hydrogen Organization (GH2), the Association Tunisienne du Pétrole et du Gaz (A.T.P.G.), the Societe Tunisienne de…

Bardo museum reopens after two-year closure

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The Bardo National Museum in Tunis reopened its doors on Thursday after a two-year closure for “redevelopment work”. The museum’s director, Fatma Naït Yghil, told journalists present at the reopening of this jewel of Tunisian heritage that their job was to “refurbish and restore the monument to preserve its archaeological collections”.“The refurbishment work also affected the building, as the Bardo National Museum is also an attraction due to its Andalusian and Italian Mediterranean architecture, and not just for its archaeological collections”, she added. The Bardo Museum, located near the headquarters…

Tunisia’s 1H23 Budget Surplus Overstates Fiscal Consolidation

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Tunisia’s fiscal deficit is expected to narrow to 5.8% of GDP in 2023, with the surplus reported in 1H23 unlikely to be sustained, Fitch Ratings said believing some costs relating to subsidies and transfers over the period have not yet been captured in the budget numbers. Tunisia posted a budget surplus of TND58.8 million (around 0.4% of GDP) in 1H23, influenced by lower-than-expected spending which reached only 38% of the full-year budgeted level. Subsidies and transfer expenditure in 1H23 was just 27% of the annual budget. We expect energy and…