Algeria Sunday pledged to inject $150 million into the Tunisian Central Bank, BCT, in support to its neighbor, which has been struggling financially and economically since the 2011 revolution. President Abdelmadjid Tebboune made pledge during a meeting with Tunisian leader Kais Saied who was on his maiden international visit to Algeria. “Algeria is poised to bring its support to Tunisia which is going through a hard time, financially and economically,” Tebboune said. Rising unemployment, mainly among youth has caused major discontent in several governorate mainly in Kasserine province, the epicenter of the 2011 uprising. Both new Presidents, Tebboune (elected in December) and Saied (October) also discussed how to increase trade exchanges, which remain very low.

Source: The North Africa Journal February 03, 2020 15:45 UTC