Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Da Silva: What is happening in Gaza is not a war, it is a genocide
Da Silva: Even the Jewish people do not want this war; it is revenge by a government against the possibility of establishing a Palestinian state
Brazilian President Lula da Silva: What we are seeing is not a war between two armies. [What we have is a] completely professional army that is killing women and children in the Gaza Strip.
Hamas: We affirm our readiness to immediately begin a round of indirect negotiations to reach an agreement on the points of contention
Hamas: We welcome the continued Qatari and Egyptian efforts to end the war waged by the Zionist occupation against our people
Al Mayadeen's correspondent: Israeli occupation forces blew up Noura Al-Kaabi Hospital, designated for kidney dialysis patients, in the northern Gaza Strip
Al Mayadeen's correspondent: Israeli drone targets a car on the Ayta al-Shaab-Debel road in southern Lebanon
Yemeni Armed Forces Spokesperson Yahya Saree: The remaining airlines that have not yet complied with the ban are urged to take this into serious consideration to ensure the safety of their aircraft and passengers
Yemeni Armed Forces Spokesperson Yahya Saree: The YAF, after successfully imposing a partial ban on air traffic at Lydd Airport, are now working to impose a full ban on air traffic at the aforementioned airport in the coming period
Yemeni Armed Forces Spokesperson Yahya Saree: YAF's UAV Unit carried out three military operations targeting three vital Israeli sites in the occupied Palestinian areas of Yafa, Isdud, and Umm al-Rashrash, using three drones

Tunisia reveals three-year economic plan: main focus on private-sector

  • By Al Mayadeen English
  • Source: Agencies
  • 3 Jan 2023 22:16
3 Min Read

The Tunisian government announced a 2023-2025 plan to develop the economy with a focus on the industrial sector.

  • x
  • ,,
    Tunisian Economy Minister Samir Saied unveils a 2023-2025 development plan the government hopes will help secure a nearly $2-billion bailout from the International Monetary Fund. By FETHI BELAID (AFP)

The Tunisian government proposed a development roadmap spanning on a period of three years and that mainly focuses on investments made by the private sector and aims for an economic growth of 2.1% in 2023 compared to 1.8% in 2022.

The concentration of the new plan would be on the industrial sector, including increasing the production of phosphate.

Tunisia has been as it struggling with an economic crisis causing a recurrent lack of basic necessities such as petrol and cooking oil.

Read more: Tunisia: public-transport workers strike over delayed salaries

The IMF demanded that the country carry out reforms, including the gradual lifting of subsidies on basic goods and restructuring of public companies.

The IMF later announced in October that it reached an agreement with Tunisia to support its economy with $1.9 billion, which has amounted to debts surpassing its GDP.

Tunisian Economy Minister Samir Saied said that the plan "puts forward a new model of development" to re-establish the country's economy and fight poverty, which currently impacts almost a fifth of Tunisia's 12 million population.

Saied also considered that the introduction is "realistic and prudent", emphasizing that the private sector must be the "engine of growth", stressing that the country must open up its business environment to attract more investments.

Read more: Ennahda's Ghannouchi in court over 'money-laundering' charges

The unemployment rate is estimated to reach 1% by 2025, compared to 14% in 2022, the minister predicted.

He revealed plans to invest $12.3 billion in public investments within three years, over half of which through the state budget, while the remaining would be provided through state-owned companies.

Tunisian Minister of Industry Neila Gonji stated that the increased investments in the industrial sector would boost the growth of the sector from 15% today to 18% of GDP by 2025, with the country's exports increasing by over 30% reaching $18 billion a year.

According to the plan, the country also aims to boost phosphate production to 12 million tonnes in 2025 from 3.7 million tonnes in 2022.

Tunisia also plans to approve the construction of solar and wind energy plants on farmlands, in addition to allowing small creating small solar projects.

Read more: Protests held in Tunis over deterioration of economic conditions

The government plan also includes improvements to the social security system, offering payouts to families taking care of non-relative elderlies, in addition to investing in education for individuals that dropped out of school.

  • Tunisian economy minister
  • Tunisia
  • IMF

Most Read

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to a news conference in the East Room of the White House, Tuesday, Feb. 4, 2025, in Washington (AP)

Rift widens: Trump, Netanyahu clash in heated phone call over Iran

  • Politics
  • 26 May 2025
US judges quietly consider private security amid Trump tensions

US judges quietly consider private security amid Trump pressures

  • US & Canada
  • 25 May 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
Spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, announces a new operation against Ben Gurion Airport on May 29, 2025 (Yemeni Military Media)

Yemen announces successful hypersonic missile strike on Ben Gurion

  • Politics
  • 30 May 2025

Coverage

All
War on Gaza

Read Next

All
MIT bans class president who gave pro-Palestine speech
US & Canada

MIT bans class president over pro-Palestine speech

Arab ministers condemn Israel 'ban' on planned West Bank visit
Politics

Arab ministers condemn Israeli ban on planned West Bank visit

Major General Hu Gangfeng, Vice President, National Defense University, People's Liberation Army, China, leaves after a panel discussion during the 22nd Shangri-La Dialogue summit in Singapore, Saturday, May 31, 2025. (AP Photo/Anupam Nath)
Politics

China blasts Hegseth, calls US top 'troublemaker' in Asia-Pacific

US activists demand shutdown of Musk's 'dirty' supercomputer: Reports
Technology

US activists demand shutdown of Musk's 'dirty' supercomputer: NBC News

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS