Economic slowdown and public debt crisis are most likely threats for Tunisia over next two years (IACE)

The economic slowdown and the public debt crisis in Tunisia remain the two most likely threats over the next two years, according to a survey conducted by the Arab Institute of Business Managers (IACE), on the most serious perceived risks for economies over the next two and ten years. The survey, conducted in Tunisia as part of the 19th edition of the World Economic Forum's Global Risks 2024 report released on Wednesday, shows that the risk of a debt crisis is a recurring concern for respondents, appearing in both the 2022 and 2023 results, according to an IACE press release. IACE conducted the survey for Tunisia as an official partner of the World Economic Forum. In this new edition, five countries share Tunisia's concern about three major risks, namely state fragility, economic slowdown and inflation. They are Venezuela, Chile, Senegal, Bosnia-Herzegovina and Kuwait. In terms of global risks, the survey shows that the risks with the greatest potential impact on a global scale in 2024 are extreme weathe r events, misinformation and disinformation generated by artificial intelligence (AI), social and/or political polarisation, the cost of living crisis and cyber attacks. Climate risks dominated the risk landscape for 2024 and beyond, according to the report. Concerns about an ongoing cost of living crisis and the interrelated risks of AI-induced misinformation and societal polarization also dominate the risk outlook for 2024. The World Economic Forum published on January 10 the 19th edition of the Global Risks Report, based on a perception survey conducted in September 2023 to identify the risks that pose the greatest threat to each country, according to 11,000 business leaders from 113 economies and 1,490 experts (from academia, the private sector, government, the international community and civil society). 'It will take a relentless focus to build resilience at organizational, country and international levels - and greater cooperation between the public and private sectors - to navigate this rapidly evo lving risk landscape," according to the World Economic Forum. Source: Agence Tunis Afrique Presse

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