TUNISIA: news on Economy in real time

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Since the outbreak of the war in Ukraine, tensions related to the supply of basic products have been exacerbated in Libya. In this sense, shortages of oil and flour have been noted. This phenomenon is likely to be accentuated by the decisions of Tunisia and Egypt to stop their exports of basic products.

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In 2020 and as part of a reflection on the improvement of these services to its members BUSINESSMED has rethought its offer and structured its activities around 4 areas of expertise: Business, Dialogue, Regional Integration and Policy Reforms. BUSINESSMED is planning during the year 2022 the signature of agreements and partnerships with regional organizations of Sub-Saharian Aftrica to move forward in this direction.

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The war between Russia and Ukraine will have important consequences in Tunisia. The World Bank (WB) Vice President for the MENA (Middle East and North Africa) region, Ferid Belhaj, believes that this crisis is expected to disrupt grain and oilseed supply chains, increase food prices , and skyrocketing the costs of domestic agricultural production.