Tunisia: Tunisians hopeful of better life after presidential elections

posted in: Africa, Afrique

Tunis , Tunisia ( PANA) – Tunisians are optimistic that the 23 Nov. presidential election in the country will usher in an era of political stability, security and better economic prospects, especially in the tourism sector that has been badly hit by the instability in the country.

Official statistics show that the tourism industry is one of the largest contributor to foreign exchange earning for the north African country, providing 400,000 direct jobs for Tunisians.

Reports indicate that since the 2011 revolution, Tunisia has experienced difficulties in the areas of economic, political and national security.

As a result, the country has been struggling to curtail the unprecedented economic downturn, after hundreds of local businessmen decided to migrate to Morocco, Algeria and Dubai, transferring their investments to those countries.

The number of Tunisian investors who fled the country to neighboring Algeria has exceeded 2,600, while the newspaper Akhbar al- Yom estimated at more than 6,200 the number of Tunisians who have invested in Morocco, especially in tourism, manufacturing and services sectors.

Economic experts believe that the migration of local businessmen has adversely affected the Tunisian economy and contributed to the high unemployment rate in the country.

However, Tunisia authorities have taken bold measures to bring back stability and to provide a conducive atmosphere for local and foreign investors.

 

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