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Spotlight

TUNISIA

Chahed's government on brink of financial abyss

The International Monetary Fund's (IMF) refusal to disburse a second instalment of a loan, announced on Feb. 27 by finance minister Lamia Zribi, is just one of the financial bombs threatening Youssef Chahed's government.According to our sources, Tunisia's other donors [...] (650 words)

Issue dated 02/03/2017 Reading time 3 minutes

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TUNISIA
ABCI
Abid Briki
Banque centrale de Tunisie
Banque franco-tunisienne
Beji Caid Essebsi
Ben Ali
BH
BNA
Commerzbank
Compagnie des phosphates de Gafsa
Ennahda
European Union
International Centre for the Settlement of Investment Disputes
International Monetary Fund
JPMorgan
Khalil Ghariani
Lamia Zribi
Natixis
Nidaa Tounes
Noureddine Taboubi
Qatar National Bank
STB
Tamim ben Hamad Al Thani
UGTT
Utica
War with UGTT looming over civil service salaries
World Bank
Youssef Chahed

Islamic finance set to lose its monopoly

As part of its economic reform programme, Sudan is putting in place a two-track system where Islamic and conventional finance will operate side by side. [...]

TUNISIA 19/03/2020

Moez Labidi to be Elyès Fakhfakh's financial guide

Moez Labidi, who was appointed an adviser to prime minister [...]

TUNISIA 19/12/2019

Chalghoum bequeathes BTK "hot potato" to his successor

The surprise decision of the Tunisian state to acquire a [...]

TUNISIA 24/10/2019

The SNCFT struggles to keep its phosphates plans on track

The SNCFT is continuing to find it difficult to bring [...]

TUNISIA 12/09/2019

Anti-Chahed revolt sweeps through state bank boards

Relations between the government and the 20 or so directors [...]

TUNISIA 12/09/2019

Little known SDSM to provide security for ISIE media centre

Low profile company SDSM has won itself a place among the giants of the security and protection sector. On September [...]

TUNISIA 05/09/2019

ABCI has TFBank seized in Paris in BFT affair

This promises to add piquant to the start of the presidential election campaign on September 15! According to our information, [...]

TUNISIA 25/07/2019

UGTT wants an outside committee to select new BH director

The powerful UGTT trade union is continue its battle with the government over the appointment of the new CEO at [...]

TUNISIA 11/07/2019

Youssef Chahed plans to visit Qatar shortly

The hospitalisation of President Beji Caid Essebsi from June 27 [...]

TUNISIA 11/07/2019

The business people backing Youssef Chahed

Youssef Chahed's Tahya Tounes party has been trailing the others on the financing front until now but should have no [...]

TUNISIA 20/06/2019

ICSID douses Tunisia's hopes in BFT affair

The BFT (Banque Franco-Tunisienne) affair, in which the bank's former owner ABCI International is ranged against the Tunisian state before [...]

TUNISIA 30/05/2019

Abir Moussi unites Selma Elloumi Rekik and Kamel Morjane

The rise in popularity of the PDL (Parti Destourien Libre) and its secretary general Abir Moussi in the opinion polls [...]

TANZANIA 10/05/2019

Banker Farid Saab takes government to court

Having already initiated legal action against the Cypriot government and his own private detectives, on 16 April 2019 the co-owner [...]

Spotlight

TUNISIA 18/04/2019

Court of Accounts reform provokes new row with IMF

Relations between Tunisia and the International Monetary Fund (IMF), which are already strained, risk degenerating into open warfare over the planned reform of the Court of Accounts. According to our sources, the IMF has made the affair a casus belli [. [...]

MADAGASCAR 22/03/2019

United States keeps its eye on national finances

The international public finance advisor at the United States Treasury, [...]

TUNISIA 07/03/2019

Youssef Chahed changes his approach on the BFT affair

Tunis has gone back on the attack against ABCI Investments, [...]

TUNISIA 14/02/2019

Youssef Chahed sends Mohamed Salah Arfaoui to Gafsa's rescue

Hardly had he joined prime minister Youssef Chahed's team of advisers than Mohamed Salah Arfaoui had to start grappling with [...]

TUNISIA 14/02/2019

Big changes at the top at Groupe Chimique Tunisien

Former Secretary of State for Trade Abdellatif Hammam, who has [...]

IMF Managing Director Lagarde meets with Tunisia’s President Essebsi in Tunis. © Reuters

Spotlight

TUNISIA 28/06/2018

Youssef Chahed runs out of credit with the IMF

Relations between the IMF (International Monetary Fund) and Tunisia are visibly deteriorating. According to our sources in Tunis, the IMF, which is headed by Christine Lagarde, has postponed until further notice a visit to Tunisia planned for June 30 by [. [...]

TUNISIA 19/04/2018

Taboubi still wants Chahed's head

Prime minister Youssef Chahed has so far dodged the attacks made on him by the UGTT, but the union's boss [...]

Spotlight

TUNISIA 05/04/2018

Delays are costing the port of Rades $1 billion per year

The lightning strike staged by STAM (Societe Tunisienne d'Acconage et de Manutention) employees in the port of Rades on March 30 and 31 has further complicated the already catastrophic situation in which Tunisia's leading commercial port finds itself. [...]

Spotlight

TUNISIA 23/11/2017

Korchid tries to find a way out of BFT trap

Prime minister Youssef Chahed and his government are not conceding defeat in the battle over the expropriation of the BFT (Banque Franco-Tunisienne) by the Ben Ali regime in 1989. In July, the ICSID arbitration tribunal has ordered Tunisia to compensate [. [...]

TUNISIA 26/10/2017

Chahed drops Enfidha port project but revives Rades extension Free

Sahelian industrialists, who were looking forward to having a deep-water port in Enfidha, are going to be disappointed! According to [...]

UGANDA 06/10/2017

How Museveni is supporting American GMOs

By allowing American seed companies to grow GM crops, the Ugandan president is disregarding the potential export risks. [...]

President of the Republic of Tunisia Beji Caid Essebsi. © Simona Granati/Corbis via Getty Images

Spotlight

TUNISIA 05/10/2017

"BCE" takes back control of Ben Ali's assets

The departure of Al Karama chairman Mohamed Said Jaouadi, as revealed by Maghreb Confidential (MC 1263), is part of an epic battle for control of the assets confiscated from businessmen in the Ben Ali clan, which are now managed by [. [...]

TUNISIA 28/09/2017

Former ATCE boss Romdhani reaappears in Washington

The American think-tank, the Atlantic Council, has chosen a surprising [...]

TUNISIA 20/07/2017

State faces heavy bill in 2018 in BFT affair Free

The ruling handed down by ICSID in the BFT (Banque Franco-Tunisienne) affair on July 17 set off a wave of [...]

TUNISIA 06/07/2017

The EIB could put Tunis express rail project back on track

The European Investment Bank (EIB) could come to the rescue of Tunis's RFR rapid rail network project. According to our [...]

TUNISIA 22/06/2017

Journalists' terror Tarek Chkioua gets promotion

President Beji Caid Essebsi's appointment of Tarek Chkioua as prosecutor [...]

Spotlight

TUNISIA 22/06/2017

Chahed's anti-corruption drive delights the IMF

One month after the start of his "mani pulite" operation, which has now spread to the port of Rades (see here), prime minister Youssef Chahed is continuing to benefit from it politically! Chahed, who President Beji Caid Essebsi had been [. [...]

TUNISIA 08/06/2017

Ennahda exfiltrated from government?

Five weeks after his April 30 reshuffle, prime minister Youssef Chahed could change the government line-up once again. According to [...]

ALGERIA 01/06/2017

Vision 2030 already under threat?

Only officially published by former finance minister Hadji Baba Ammi on April 10, the economic road map, Vision 2030, could [...]

TUNISIA 25/05/2017

How Chahed plans to build the Enfidha deep water port

Youssef Chahed’s staff are still looking at ways of financing the Enfidha deep water port. According to our sources, the [...]

TUNISIA 18/05/2017

IMF warns Essebsi over reconciliation

A delegation from the IMF (International Monetary Fund) paid a discreet visit to the presidential palace on May 15 after [...]

TUNISIA 20/04/2017

Ennahda welcomes IMF wage bill cuts

The attendance of a delegation led by prime minister Youssef Chahed at the spring meetings of the IMF and World [...]

Breaking news DJIBOUTI Document 03/04/2017

Energy minister switched off for good

With his head on the block since the early January (ION 1442), energy minister, Yacin Houssein Bouh, was sacked by [...]

TUNISIA 23/03/2017

Mohamed Chouikha sees his future at STUSID Bank

Mohamed Chouikha, head of the private office of finance minister [...]

Spotlight

TUNISIA 16/03/2017

UGTT and UTICA at war after BCE-Ghannouchi break-up

Despite the renewal of support from the signatories of the 2016 Carthage Declaration for prime minister Youssef Chahed on March 11, the agreement, which made possible the formation of the government of national union, is more than ever under threat. [...]

TANZANIA 10/03/2017

Magufuli's nationalist streak threatens the economy

Citing the fight against corruption, the government is turning up the heat on major players in the economy - at the risk of scaring them away. [...]

TUNISIA 02/03/2017

Chawki Tabib wins fans abroad

Lacking sufficient funding from the government, Tunisia’s National Anti-Corruption Board chaired by Chawki Tabib has been culling some support abroad. [...]

TUNISIA 02/02/2017

Natixis survives the reshuffles

Governments come and go but Natixis stays put! The French bank has been mandated by the government of Youssef Chahed [...]

TUNISIA 22/12/2016

Qatari "gift" goes to repay Qatar National Bank loan Free

The promise made by the Emir of Qatar, Tamim Bin Hamad Al Thani, at the Tunisia 2020 forum at the [...]

TUNISIA 15/12/2016

Noureddine Taboubi wants UGTT leadership job

Noureddine Taboubi, who is currently UGTT assistant general secretary in [...]

Spotlight

TUNISIA 29/09/2016

Washington concerned about risk of banking collapse

Like the IMF and World Bank before it, the Obama administration fears that the Tunisian banking sector could collapse and has put the Central Bank of Tunisia (CBT) under surveillance.After a four-year gap, the Treasury Department’s Office of Technical Assistance [. [...]

TUNISIA 28/07/2016

Public sector banks’ bad debts could be cancelled Free

The much disputed "economic reconciliation" bill cherished by President Beji Caid Essebsi ("BCE", MC 1173) could provide an opportunity to [...]

Spotlight

TUNISIA 26/06/2014

Donors in no hurry to save public banks

Summoned to the Ramada hotel in Gammarth by the governor of the Banque Centrale de Tunisie (BCT), Chedly Ayari, officials from the World Bank, European Investment Bank, the African Development Bank and the like were asked to contribute to a [. [...]

Spotlight

TUNISIA 19/12/2013

Medhi Jomaa sails into budget storm

The road map for new Tunisian prime minister Mehdi Jomaa, who was named on Dec. 14, is to form a neutral government and kick-start the country's political process. But budgetary issues may be even more urgent. [...]

Spotlight

TUNISIA 05/12/2013

President's staff races for the exits

The atmosphere is bleaker than ever at the Carthage Palace, residence of Tunisia’s president. The possibility that Moncef Marzouki could be sacrificed in an agreement between Ennahda and the opposition Nidaa Tounes party (see opposite) has sent some of the [. [...]

TUNISIA 24/10/2013

How to make BFT disappear?

The junior minister Noureddine Bhiri and economic affairs minister Ridha Saidi seem ready to go to extremes to get rid [...]

Spotlight

TUNISIA 29/08/2013

IMF, World Bank and EU push for reshuffle

Demonstrators who have been clamouring for the fall of Ali Laârayedh’s government since the assassination of legislator Mohamed Brahmi on July 25 have found improbable but powerful allies: Tunisia’s international donors. According to our sources, the World Bank and International [. [...]

Spotlight

TUNISIA 08/11/2012

Who will control impounded firms?

By turning the management of firms confiscated from the Ben Ali-Trabelsi clan following the January, 2011 revolution, over to Tunisia's Caisse des Depots et Consignations (CDC), prime minister Hamadi Jebali is taking the risk the issue will end up in [. [...]

Spotlight

TUNISIA 18/10/2012

Political breakthrough, economic snags

The Islamic Ennahda movement and its coalition partners CPR and FDTL have finally reached an agreement with the opposition Nidaa Tounes party on the future political regime and electoral calendar. But economic issues could undermine the ruling coalition even before [. [...]

On our other sites

Intelligence Online 01/11/2017

NATO consultant played major part in Kazakh smear campaign against Houranis

The Hourani brothers' recent victory before the ICSID comes after a long bout of psychological warfare against them conducted by the Kazakh government. [...]

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TUNISIA
ABCI
Abid Briki
Banque centrale de Tunisie
Banque franco-tunisienne
Beji Caid Essebsi
Ben Ali
BH
BNA
Commerzbank
Compagnie des phosphates de Gafsa
Ennahda
European Union
International Centre for the Settlement of Investment Disputes
International Monetary Fund
JPMorgan
Khalil Ghariani
Lamia Zribi
Natixis
Nidaa Tounes
Noureddine Taboubi
Qatar National Bank
STB
Tamim ben Hamad Al Thani
UGTT
Utica
War with UGTT looming over civil service salaries
World Bank
Youssef Chahed

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The Sahel threatened by a jihadist tornado

Chahed's government on brink of financial abyss

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Islamic finance set to lose its monopoly

Moez Labidi to be Elyès Fakhfakh's financial guide

Chalghoum bequeathes BTK "hot potato" to his successor

The SNCFT struggles to keep its phosphates plans on track

Anti-Chahed revolt sweeps through state bank boards

Little known SDSM to provide security for ISIE media centre

ABCI has TFBank seized in Paris in BFT affair

UGTT wants an outside committee to select new BH director

Youssef Chahed plans to visit Qatar shortly

The business people backing Youssef Chahed

ICSID douses Tunisia's hopes in BFT affair

Abir Moussi unites Selma Elloumi Rekik and Kamel Morjane

Banker Farid Saab takes government to court

Court of Accounts reform provokes new row with IMF

United States keeps its eye on national finances

Youssef Chahed changes his approach on the BFT affair

Youssef Chahed sends Mohamed Salah Arfaoui to Gafsa's rescue

Big changes at the top at Groupe Chimique Tunisien

Youssef Chahed runs out of credit with the IMF

Taboubi still wants Chahed's head

Delays are costing the port of Rades $1 billion per year

Korchid tries to find a way out of BFT trap

Chahed drops Enfidha port project but revives Rades extension Free

How Museveni is supporting American GMOs

"BCE" takes back control of Ben Ali's assets

Former ATCE boss Romdhani reaappears in Washington

State faces heavy bill in 2018 in BFT affair Free

The EIB could put Tunis express rail project back on track

Journalists' terror Tarek Chkioua gets promotion

Chahed's anti-corruption drive delights the IMF

Ennahda exfiltrated from government?

Vision 2030 already under threat?

How Chahed plans to build the Enfidha deep water port

IMF warns Essebsi over reconciliation

Ennahda welcomes IMF wage bill cuts

Energy minister switched off for good

Mohamed Chouikha sees his future at STUSID Bank

UGTT and UTICA at war after BCE-Ghannouchi break-up

Magufuli's nationalist streak threatens the economy

Chawki Tabib wins fans abroad

Natixis survives the reshuffles

Qatari "gift" goes to repay Qatar National Bank loan Free

Noureddine Taboubi wants UGTT leadership job

Washington concerned about risk of banking collapse

Public sector banks’ bad debts could be cancelled Free

Donors in no hurry to save public banks

Medhi Jomaa sails into budget storm

President's staff races for the exits

How to make BFT disappear?

IMF, World Bank and EU push for reshuffle

Who will control impounded firms?

Political breakthrough, economic snags

NATO consultant played major part in Kazakh smear campaign against Houranis

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