Better New Deals for Tunisia

The Covid-19 pandemic has hit Tunisia particularly hard. Already before the pandemic, the country was plagued by prolonged stagnation of the economy and an ongoing crisis of social justice and employment. Those working in the large informal sector, mostly without access to social security, were left largely without sufficient assistance. The health sector, long underfunded and suffering from continuous brain-drain, struggled to cope with the pandemic. Without revenues from tourism and overall weak economic performance, the government was forced to increase public debt to finance its budget. Therefore, public debt, including foreign, has been constantly rising.

It is safe to assume, that the main consequence of this situation will be further austerity for the coming years. Reduced funding for social protection and public services will make poor Tunisians even poorer and further threaten the middle class. The social and economic marginalization of large parts of the population would continue.

To avoid this scenario, a unified push by Tunisian civil society and unions to oppose austerity, propose alternatives, and secure the support of Tunisia’s international creditors to address the looming debt crisis is urgently needed. Our project plans to provide accessible research and policy analysis, as well as a platform to strengthen national and regional alliances and initiate a discussion on the international level.

The Tunisian debt crisis in the context of the COVID-19 pandemic

The Tunisian debt crisis in the context of the COVID-19 pandemic

This paper discusses the current debt situation of Tunisia, suggested reforms that may end up being part of the International Monetary Fund program More

Publications

A decade of rosy forecasts

Rehbein, Kristina

A decade of rosy forecasts

How the IMF underestimated debt risks in the MENA region
LaMarsa, 2022

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The Tunisian debt crisis in the context of the COVID-19 pandemic

The Tunisian debt crisis in the context of the COVID-19 pandemic

Debt repayments over human rights?
Tunis, 2021

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The impact and influence of international financial institutions on the Middle East & North Africa

The impact and influence of international financial institutions on the Middle East & North Africa

Tunis, 2020

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Events

12.10.2023 | Economic Policies for Social Justice | Events

CSPF session:

 

Friday 13,October 2023

9:00 am – 10:30 am

SC03 Saghro & Online


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10.10.2023 | Economic Policies for Social Justice | Events

This event falls on the first day of the IMF-WBG Civil Society Policy Forum (CSPF) and gathers the community of CSO representatives working on social…


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09.10.2023 | Economic Policies for Social Justice | Events

Thursday , 12 October - 9 to 10:30 AM Morocco Time


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Press

| Economic Policies for Social Justice | Press

The reforms of Jordan's economy demanded by the IMF have seen the selling off of government assets and spending on social protections for the poor and…


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| Economic Policies for Social Justice | Press

Fiscal reforms implemented 10 years ago were the main cause of the downturn in Jordan’s economy, and similar policies are still being implemented,…


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| Economic Policies for Social Justice | Press

Economic policies should strive for social justice and to engage the younger generation in the development process, experts and policy makers said on…


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