President Kais Saied, stressed on Friday that the disruption of investment in Tunisia is due to the actions of administrations linked to some parties, entities and lobbies, and not to a lack of laws and legislation. During a meeting with the Governor of the Central Bank of Tunisia, Marouane El Abassi, at the Central Bank's headquarters, he pointed out that the lack of investment in Tunisia is not the result of a lack of legal texts, but of a problem of legal certainty that leads investors to demand Tunisia as an investment destination. Saied discussed several issues with Abassi, including the independence of the Central Bank of Tunisia, the role of the Tunisian Financial Analysis Committee and the Central Bank's financing of the national economy. In a related context, he stressed the need to reassure investors and encourage them to invest in Tunisia, especially as their reluctance to come is due to blackmail by some administrations. He considered that in order to encourage investment, investors should not have to wait for a long time during legal disputes. This is in addition to the existence of corruption in several administrations, which prevents the promotion of investment, and the fact that "everyone who has a share of power turns it into a commodity". Saied stressed that investors are being blackmailed by those who talk about democratic transition and that the relevant structures should play their role in fighting corruption and following up on "lobbies". Commenting on the situation in Tunisia, he added that the state will not be run through "Facebook" pages, leaks or social networking sites. Saied noted the importance of work and wealth creation in Tunisia, and of not disturbing entrepreneurs and investors. He recounted the experience of a woman who had created a communitarian company but had been blocked by all the big companies. The President of the Republic concluded by saying that the state is run by everyone working together. "Those who are afraid to make a decision for fear of being seen as belonging to one person should give up this feeling".

Source: Agence Tunis Afrique Presse