Tunisia: Mechichi draws up a catastrophic inventory of the economic situation

The Tunisian Prime Minister speaking on November 3, 2020 on the country's economic situation.

FETHI BELAID / AFP

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Tunisia is going through an unprecedented crisis aggravated by the health crisis.

The head of government on Tuesday drew up an inventory of the economic and social situation.

Accounts in the red, unemployment at the highest level and an exodus of young people to Europe, all elements that Hichem Mechichi intends to correct.

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With our correspondent in Tunis,

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", launched the chief executive announcing all the same that in 2020, the budget deficit will reach the record level of 14% of the GDP.

Since the fall of Ben Ali in 2011, the country has failed, he said, to design an economic model capable of giving Tunisians hope.

Among the consequences, unemployment which now reaches nearly 20%.

And this lack of visibility has reinforced, according to him,

to Europe.

To stop the bleeding and restore the taste of Tunisia to young people tempted by the old continent, Hichem Mechichi is waiting for a gesture from the central bank and is banking on major reforms in the 2021 budget project.

“

»Declared the tenant of the Kasbah who also refuses any blocking of the exploitation of the country's wealth.

He wants to put an end to the social movements which for months have been disrupting the production of phosphate and oil.

►Also listen: Guest Africa - Coronavirus in Tunisia: "Inequalities will become structural"

As for international financing, the IMF's four-year plan ended in the spring.

The outcome of the new, ongoing request could facilitate the granting of assistance from other international donors.

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• Tunisia

• Employment and Work

• Economic crisis

• Economy