Tunisia had spent around 0.6 percent of its GDP in supporting the companies affected by the global financial crisis, Mr Mohamed Ghannouchi, Tunisia’s prime minister, said during Emerging Markets Summit in London organized by Economist.
At the beginning of the current year, Tunisia set up a strategy to cope with the international crisis. As part of this vision, measures have been taken to help the national enterprises to preserve the growth of the Tunisian economy, Mr Ghannouchi told Global Arab Network in an interview on the sideline of the summit.
Mr Ghannouchi added: “one more important programme of investments established in order to develop modern motorway, wide railway network, construct 2 power stations of 400 MW each, build an oil refinery in south of the country, launch a phosphate plant and create a deep-waters seaport.”
All these investments were spent with the purpose of boosting local demand and offer better business opportunities.
The prime minister assured that his government is working to integrate Tunisia‘s economy into global market by implementing a programme with support of the European Union’s fund, World Bank and the African Development Bank.
The aims of this programme are to make sure that all businesses are able to reduce transaction costs, optimise foreign trade measures and improve access to financial market.
Moreover, Tunisia empowered business environment to attract foreign direct investments (FDI) to its expanding sectors such as information and communication technologies, health, car industry, and electronics.
