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Tunisia.. Saeed fires trade minister, and brief statement raises ambiguity

More than a year after taking office, the Tunisian president has decided Kais Saied The sacking of the Minister of Trade and Export Development, Fadila Rabhi.

While a brief statement released by the Tunisian presidency on Friday evening following a meeting between President Kais Saied and Prime Minister Naglaa Boudin did not mention the reasons for the dismissal, experts believe that the fluctuation in the market supply of some basic materials in the recent period was behind us.

Many crises

Tunisia has seen a severe shortage of basic foodstuffs, which has disrupted the work of factories, and the absence of products from store shelves such as sugar, coffee, milk and subsidized cooking oil, as well as a fuel crisis.

Economists have also suggested that the financial difficulties experienced by the state are the main cause of the crisis, in addition to the state of turbulence in the procurement process in local markets due to its inability to pay bills to external suppliers.

strike in Tunisia


However, President Qais Saeed has repeatedly referred to the existence of food monopoly operations by speculators and invited the Minister of Commerce to confront.

The inflation rate is high

Interestingly, the ousted trade minister had pledged on more than one occasion to overcome the shortage, but the crisis continues today, with commodities including milk, coffee and vegetable oil for cooking continuing to be lost.

Tunisian President Kais Said

In addition to the loss of some basic materials, Tunisians are facing a sharp increase in prices amid fears of a deterioration in the country’s financial and economic conditions this year.

According to the Government Institute of Statistics, the inflation rate in Tunisia rose during the month of December by double digits, registering 10.1%, which is the highest rate recorded in the country in about 40 years, and the prices of groceries increased by 14.6%.

To counter this financial slide, Tunisia is seeking a $1.9 billion loan from the International Monetary Fund in exchange for reforms unpopular among social unions, including spending cuts, wage freezes and cuts to energy and food subsidies.

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