Fitch cited government uncertainty, a weak tourism sector and a lack of investment as causes for concern. Mohamed El Kettani, the chief executive of Morocco’s -Attijariwafa Bank, outlined the stakes at the Tunisia 2020 conference: “Tunisia pulled off its democratic transition; it must now succeed in its economic transition.”Hachemi Alaya, an economist and founder of the Tema think-tank, spoke to The Africa Report at his office in the quiet coastal town of Carthage. Labour unions continue to play an important political role. Drawing on its need to diversify the economy, at Tunisia 2020 the government presented a list of potential infrastructure projects for roads, airports, water plants and renewable energy. “When you deploy capital, you cannot do so without accepting some measure of risk, and in Tunisia, the level of risk has minimised due to economic reforms,” he said.

Source: The North Africa Journal March 27, 2017 16:07 UTC