The Minister of Economy and Planning, Samir Abdelhafidh, stated that the current economic situation in Tunisia is relatively good compared to other difficult periods. During a joint plenary session discussing the ministry’s budget proposal for 2026, the minister emphasized that the current trend remains positive, especially regarding economic growth and the management of key macroeconomic balances.
Response to Criticism of the Economic Crisis
Samir Abdelhafidh rejected criticisms claiming that Tunisia is undergoing a “major economic crisis.” He insisted that these statements were exaggerated and unfounded. He invited attendees to look at the history of Tunisia’s economy to put the current situation into perspective. “It is incorrect to talk about a major economic crisis, let alone the deepest one the country has ever faced,” the minister stated.
A Retrospective Look at Tunisia’s Economy
The minister recalled that Tunisia’s economic situation at the end of the solidarity system period (or the “era of economic socialism”) was extremely difficult. He cited the example of August 1986, when the country’s foreign exchange reserves covered only 7 days of imports. In contrast, he pointed out that current foreign currency reserves amount to 105 days of imports, representing a significant improvement from that critical period.
Confidence in the Economic Future
Samir Abdelhafidh concluded by affirming that these improvements and economic balances provide Tunisia with a better outlook for the future. According to him, the country is in a more stable position, and there are reasons to remain optimistic, even though some challenges remain. The government’s goal is to maintain this stability while working to strengthen the country’s economic fundamentals.
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