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Tunisia cuts 2012 growth forecast to 3.5 pct

By Tarek Amara / Reuters TUNIS: Tunisia has cut its economic growth forecast for this year to 3.5 percent, down from a previous forecast of 4.5 percent due to declines in foreign investment and tourism, a finance ministry official said on Tuesday. “In the supplementary budget, we have changed the outlook to 3.5 percent,” junior minister …


Tunisians share aim of advancing economy

By Amine Ghali BLONDON: A year after the fall of the previous regime Tunisia is undergoing an unprecedented political transformation. A transition government has led the country to the successful election of a constituent assembly. A new government has already been appointed, marking the second phase of the transition process focused on drafting the constitution and …


Tunisia’s economy still awaits post-revolt bounce

TUNIS: Last May, a public relations agency hired by Tunisia’s government placed an advertisement in some of the world’s leading newspapers and business magazines. "Invest in Democracy," read the tagline. The thinking behind the ads was to attract foreign investment and revive the economy by harnessing the feel-good factor attached to Tunisia after it ousted …


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