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Tunisia’s Economic Crisis: Possible Paths Forward?

Tunisia’s Economic Crisis: Possible Paths Forward?

Date(s) - 05/24/2022
12:00 pm

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Contact Person:
Programs Department
202-785-1141 ext. 202
Middle East Institute

The Middle East Institute’s (MEI) North Africa and Sahel Program and the North African Policy Initiative (NAPI) are excited to announce a six-part roundtable series examining aspects of Tunisian society, politics, and current affairs. The series will consist of livestreamed discussions bringing together Tunisian youth and US based experts to discuss the future of Tunisia. Each panel will present introductory observations on the roundtable topic, and on how it presents itself in Tunisia.
The Tunisian economy has gone from bad to worse in recent years, battered by a series of challenges from heavy indebtedness to diminished output. While the economy has struggled since the Arab Spring uprising of 2011, its problems have been greatly exacerbated by the pandemic and President Kais Saied’s power grab and undoing of state institutions. Following a 9.2% contraction in GDP in 2020, the worst in the MENA region, Tunisia rebounded slightly in 2021, growing by 2.9%, while inflation reached 6.5%. Unemployment has soared to nearly 18.5% as of third-quarter 2021, and disruptions in global markets and Russia’s recent invasion of Ukraine have further strained the already hard-hit economy.
The second installment in the roundtable series between the Middle East Institute’s (MEI) North Africa and Sahel Program and the North African Policy Initiative (NAPI), this event brings together a number of experts on the Tunisian economy to discuss what led up to the current crisis, possible solutions, and how international partners, including financial institutions, can support Tunisia in finding a more stable economic path going forward.

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