Tunisia’s latest measures to resolve its financial crisis | Atalayar

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Tunisia is going through one of the worst crises in decades. The nation has been through a period of economic chaos and hardship in recent years and is trying to reform its entire economic system to end problems such as unemployment, youth unemployment, inflation and poor quality life of Tunisians. Kais Saied, the country’s president, announced a series of reforms aimed at establishing the stability Tunisia needs to resolve its difficult economic situation.

The president is committed to raising the standard of living of Tunisians. Vulnerable groups have struggled to access basic services in recent years and the country is keen to reform various industries. This will be done through subsidies and the creation of small businesses which will be more accessible to them and will enable them to improve their economic situation.

During the last years, Tunisians have had great difficulty accessing health care, education and transportation. The deterioration of these services has made access to them more difficult in some poor areas than in others, and Saied wants to put an end to this problem so that everyone is equal. It should be noted that a survey conducted in the country on all types of inequalities revealed that 63% of citizens believe that social disparities have increased.

PHOTO/REUTERS – Tunisian citizens

In Tunisia, official figures indicate that a third of the population is poor, which means that more than four million Tunisians already live in poverty or are at risk of poverty. In 2022, the unemployment figures stood at 16.1%.

It is also mentioned that all these disadvantages resulting from political tensions, corruption and lack of good decision-making are essential to understand the current situation. In addition to access to basic services, the unemployment rate is high, especially among young people, and poverty is already almost the majority, which is why Saied’s solutions could be decisive in reviving Tunisia’s economic dynamics.

International observers argue that the country has the potential to impose strategic choices to end its economic recession. To implement equitable development and social justice for Tunisians, the government must begin to promote investment and the search for new employment opportunities.

For its part, civil society should welcome the implementation of these reforms. According to the country’s politicians, they support the president’s solutions, but demand that living conditions be improved now.

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AFP/FETHI BELAID – Parliamentary session in the Tunisian capital

Tunisia must and must create wealth to improve the situation of its citizens and their living conditions. “Marginalized groups make up nearly two-thirds of Tunisians, who are able to shape the country’s political landscape in the months and years to come, either by voting or by crossing the street, and if the government and the president want to stay in power, they should only change the reality of these groups for the better or at least reassure them by giving them signs of change, which we hope very soon, especially since the time factor is eating away at the government and the president,” activist Hatem al-Meliki told Al-Arab newspaper.

He says the lives of Tunisians will not change until enabling laws are enacted and smuggling, money laundering and corruption are stopped. These must be changed by reforming the tax system, encouraging investment and improving infrastructure, which will directly lead to job creation.

Economic experts say Kais Saied needs to start listening to his citizens. If it does not, no social policy can be put in place to eliminate social discontent and stimulate development.

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