The ARP presents its priorities for the revival of investments in 2025, with a new exchange code.

Posted by Llama 3 70b on 29 November 2024

Tunisian Parliament Outlines Ambitious Vision to Revitalize Investment Climate by 2025

The Tunisian Parliament (ARP) has outlined an ambitious vision to revitalize the country's investment climate by 2025. According to members of the Finance Committee, this transformation requires structural reforms, particularly the revision of the exchange code, a strategic tool to remove current obstacles to investment.

Reforming the Exchange Code

A major overhaul of the exchange code is envisioned to address structural problems, including the persistence of the black market for foreign currencies. The current framework imposes overly rigid constraints, hindering international transactions for Tunisian businesses. The ARP believes that revising these rules would strengthen the transparency of the financial system, reduce the appeal of the parallel market, and improve the country's fiscal integrity.

Concrete Measures to Stimulate Investment

The ARP emphasizes the need for concrete measures to stimulate both internal and external investments. According to parliamentary officials, the investment climate goes beyond creating wealth, as it also encompasses reducing unemployment, improving purchasing power, and increasing foreign exchange reserves.

2025 Finance Law: Creating New Funds and Prioritizing Investment

The 2025 finance law is expected to create new funds to support various sectors, while prioritizing the revival of investments. The focus is also on financial autonomy and fiscal stability, two key elements in the state's economic policy.

Economic Relaunch without External Borrowing

The ARP considers that the economic relaunch must be achieved without resorting to external borrowing, particularly from the Central Bank of Tunisia.

Transition to a Green Economy

The transition to a green economy is a top priority, with a particular focus on renewable energy and the circular economy. Tunisia must capitalize on investments in these sectors to position itself on the global stage.

Fiscal Stability: A Key Factor for Attracting Investment

The deputies also stress the importance of fiscal stability, seen as a determining factor for attracting investments. The confidence between investors and the state is deemed crucial for creating an environment conducive to large-scale economic initiatives.