Investment is Key to Tunisia's Economic Revival
Anis Wahabi, an expert accountant, emphasized that investment is currently the primary driver of economic growth for Tunisia during his appearance on Wassim Bel Arbi's Expresso show.
According to Wahabi, the share of investment in Tunisia's GDP has experienced a alarming decline. In 2000, this rate was 23.5%, dropping to 21.9% in 2010, and then to less than 16% in 2022. Currently, it is below 15%.
A comparison with other countries highlights this lag: France has an investment rate of 24.4%, Italy 19.9%, Morocco 27.1%, and Turkey 28%. In several Asian countries, this rate even exceeds 25%.
"This engine of the economy is stalled in Tunisia," Wahabi declared, stressing that private investment accounts for 55% of total investments, which is barely 8% of GDP.
Foreign Direct Investment (FDI) is also on the decline. It represented 1.5% of GDP in 2015 and had dropped to 1.4% by 2022, a level deemed insufficient to boost the economy.
To reverse this trend, Wahabi insists on the need to make Tunisia more attractive to foreign investors, emphasizing that their contribution is essential to the country's economic growth.
