PM urges restoring public financial equilibrium and boosting investment

Prime Minister Ahmed Hachani stressed the need for concerted efforts by all government stakeholders to restore public financial equilibrium and accordingly ensure overall economic stability. During a meeting with Minister of Economy and Planning Samir Saied on Tuesday, the Prime Minister urged to give a new impetus to investment activities as part of the 2023-2025 investment plan, according to a statement from the Prime Ministry. During the meeting, the current economic situation in the country was assessed, as the PM inquired about the ministry's recent activities and upcoming programmes. The Ministry of Economy, which is currently organising regional investment conferences, intends to present the results and recommendations of these meetings to the Cabinet meeting before the end of September 2023, Samir Saied said recently. The minister stressed that these outcomes will be presented to parliament as part of legislative initiatives to boost investment, including amendments to investment laws. Tunisia registered foreign investment of TND 1,217.1 million in the first half of 2023, a significant increase of 17.6% compared to the same period last year, when it stood at TND 1,043.8 million, according to data from the Foreign Investment Promotion Agency (FIPA). Taking into account exchange rate fluctuations, foreign investment in the first half of 2023 amounted to $393.7 million (pound 364.3 million).

Source: Agence Tunis Afrique Presse

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