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"Freedom of expression and press in Tunisia: a guarantee for investors" (Chahed)

Published the:  09/11/2017

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(TAP) - "Freedom of expression and the press and the independence of the judiciary are a guarantee for every investor," The President of the Government Youssef Chahed told investors and economic operators who attended the opening of the 6th edition of the Tunisia Investment Forum (TIF 2017) whose work began Thursday.

He added that "Tunisia is today a democratic and secure country in which investors fear nothing for their security and investment," indicating that "the democratic transition in Tunisia has cost dearly the economic plan because the priority has been given to the political aspect and the setting up of institutions to the detriment of the economic and social situation".

The goal for the national unity government is to bring the country out of the public financial crisis in the context of a medium-term vision and the introduction of reforms that will boost development and investment, besides the fight against corruption that is part of improving the investment climate and achievement of development in the country, said Chahed.

The PG reviewed, in this context, the 10 axes of the government's initiatives planned for 2018 and aimed at removing the barriers to investment, hence the launch of the Tunisian solar plan and the start of construction studies of berths No. 8 and 9 at the port of Rades, in addition to strengthening spin-off from companies of projects of large public and private economic groups.

The President of the Government pointed to the improvement of some economic indicators achieved by Tunisia during the first 10 months of 2017, knowing that foreign investment has increased by 7%, phosphate production by 35% and exports of this product by 18.1%.

Tourism revenues have risen by 18% in dinars and 5% in foreign currency, compared with the same period of 2016.

He recalled the major reforms presented on September 5, 2017 to parties and national organisations to ensure the recovery of the Tunisian economy by 2020 and the improvement of its positioning to place it in the ranking of the first third of most competitive economies.

He stressed, in this regard, that the programme of economic recovery and improvement of growth and employment adopted by the government is based on a new vision of the role of the State through the development of participatory strategies in which the private sector will play a primary role, in addition to giving priority to productive activities with high export potential.

He further indicated that the state has, until now, assets not exploited and not included in the economic circuit, hence the identification of projects under the public-private partnership (PPP) with total investments estimated at 5,200 million dinars.

The State is reviewing the system of administrative authorisations and shortening delays in obtaining them, in addition to the revision of the foreign exchange legislation that has become unsuited to the situation in the country, announcing that the new exchange bill was handed over two weeks ago to the House of People's Representatives (HPR).

The two-day forum includes several workshops in which four key themes will be discussed, namely "Tunis 2020: Tunisia's Place in Global Value Chains", "Aspiration towards Africa", "the Situation of Tunisia as a Regional Centre ", and "Corporate Social Responsibility and Regional Development ".