ABO Wind connects 1.5 MWp of rooftop PV at poultry farms in Tunisia

German renewables developer ABO Wind AG has commissioned 12 photovoltaic (PV) rooftop systems totalling 1.5 MWp at poultry breeding farms run by Poulina Holding Group in Tunisia, Renewables Now reported on Wednesday. The project involved the installation of solar modules on six buildings at two sites located some 40 kilometres (24.8 miles) south-west of the Tunisian capital Tunis. In the town of Testour, ABO Wind put up solar modules of 900 kWp in total, while rooftops in Medjez el Bab host a combined 600 kWp, the same source said. Construction…

New platform “Men_Dari” and increase of broadband launched by TT

Tunisie Telecom announced on Monday the launch of its new #Men_Dari platform designed to accompany Tunisians during the period of total lockdown decreed by the Tunisian authorities to contain the spread of the coronavirus. At an online press briefing held on Monday, Tunisie Telecom’s interim CEO, Khalil Laabidi, explained that #Men_Dari, accessible via the code USSD*190#, brings together the services and packages launched to meet the needs of Tunisians during this period of total containment, including free access to some forty sites including university and education sites under the supervision…

WB, IMF call to Action on Debt of IDA Countries

The World Bank Group and International Monetary Fund called in a joint statement to Action on the Debt of IDA Countries. The statement indicates that the coronavirus outbreak is likely to have severe economic and social consequences for IDA countries, home to a quarter of the world’s population and two-thirds of the world’s population living in extreme poverty. With immediate effect—and consistent with national laws of the creditor countries—the World Bank Group (WBG) and the International Monetary Fund (IMF) call on all official bilateral creditors to suspend debt payments from…

Tunisia mobilises 2.5 billion dinars to combat effects of coronavirus

Tunisia is allocating 2.5 billion dinars to combat the economic and social effects of the coronavirus health crisis, Prime Minister Elyes Fakhfakh said on Saturday. Among new measures, the government will delay tax debts, postpone taxes on small- and medium-sized businesses, delay repayment of low-income employee loans and provide financial assistance to poor families. “All of Tunisia is united in this dangerous war. The war has a cost and the exceptional decisions that we announced have a cost, but we have no choice”, Fakhfakh said in an address to the…

BCT’s urgent measures to curb economic fallout of Coronavirus

The Central Bank of Tunisia (BCT) Board of Directors met Tuesday for setting exceptional measures to back up the national efforts to curb the economic repercussion of Covid-19 pandemic. The BCT decided to reduce its key interest rate by 100 points to 6,75 %, to help reduce the financial burden of people indebted to banks. The key rate cut will also help reduce the financial burden on businesses, namely small- and medium-sized enterprises (SMEs), to safeguard their survival and their workforce. Besides, the BCT further affirmed readiness to provide the banks with…

Coronavirus in Tunisia: TABC calls on authorities to save Tunisian SMEs

In this period of general psychosis caused by the rapid spread of the coronavirus throughout the world, there is no need to be familiar with the economic and financial mysteries in order to understand the extent of the serious crises that could ensue. Because behind this health crisis, it is the financial crisis that threatens with its share of repercussions on the real economy – already dramatic in the West – and from which we, in turn, cannot escape. Aware of this situation and anxious to limit its negative repercussions…

Tui suspends operations due to coronavirus

Tui has announced it is suspending a vast amount of its operations due to coronavirus, Oxford Mail reported. Flights to destinations such as Spain, Cyprus, Malta and Tunisia have been impacted, the same source said. The travel group said in a statement this morning: “In this rapidly changing environment the safety and welfare of our guests and employees worldwide remains of paramount importance and thus Tui Group has decided, in line with government guidelines, to suspend the vast majority of all travel operations until further notice, including package travel, cruises…

Tunisian land border with Libya closed says Transport Minister

The Tunisian land border with Libya has been closed due to the COVID19, Transport Minister Anouar Maarouf said on Monday. Besides, he inspected Monday morning the implementation of measures to prevent the spread of the Coronavirus in the metro stations and Tunis marine TGM trains station. Tunisia, which has confirmed 20 cases of the coronavirus, has imposed restrictions on flights with some European countries and stopped sea travel. Last Saturday, Anouar Maarouf said at a press conference necessary measures will be taken to repatriate Tunisian nationals stranded abroad. The number…

Tunisia-Algeria: 20 charter flights Oran-Monastir as of July 2020

The Tunisian and Algerian carriers plan to schedule about twenty charter flights from Oran (north-west Algeria) to Monastir International Airport from 17 July to September 2020, with 10 flights each. This programme is part of the promotion of Tunisia and particularly the region of Sousse, which is very popular with the Oran people, representative of the Tunisian National Tourist Office in Oran, Saâd Khemiri, told TAP on Friday March 6. The Algerian market remains unavoidable in the tourist zone of Sousse-El Kantaoui where it occupies the second rank of the…

Inflation slips into 5.8% in February 2020

The inflation rate slipped into 5.8% in February 2020 as it was standing in January at 5.9% and 6.1% in December, the National Institute of Statistics (INS) published these data on Thursday. The ongoing slowing down in the pace of increase of food prices (3.7% against 4.4% last month and 5.8% the month before), is the origin of this fall the INS said. In another connection, the Central Bank of Tunisia (BCT) revealed that the gross domestic product (GDP) in Tunisia fell to 1% in 2019, in comparison to 2,7%…