tunisian parliament provides support for chahed
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

As it pledged to resume war against terrorist

Tunisian parliament provides support for Chahed

Arab Today, arab today

Arab Today, arab today Tunisian parliament provides support for Chahed

Tunisian parliament
Tunis - Hayat Al Ghanemi

Tunisia’s parliament gave Prime Minister Youssef Chahed’s new government a vote of confidence on Monday after the premier detailed plans to halve the budget deficit and trim the public wage bill in the next three years as part of a reform package.

Chahed last week named a new cabinet after weeks of wrangling between the ruling Nidaa Tounes party and rival Islamist party Ennahda over posts that had delayed progress on a reform program backed by the International Monetary Fund.

Lawmakers voted late on Monday to approve the new cabinet, giving Chahed support to push on with austerity measures. “We hope this will be the government that gives Tunisians back some hope,” parliament assembly President Mohamed Naceur said after the vote.

Tunisia has been praised for its democratic progress after the 2011 uprising against autocrat Zine El-Abidine Ben Ali, but successive governments have failed to advance in economic reforms to trim deficits and create jobs and growth.

Chahed earlier said his government needed consensus backing to push ahead with reforms by 2020 that he hopes will revive Tunisia’s economy, which has been hit by unrest after the 2011 revolt and by militant attacks on the tourism industry.

“We are preparing an economic plan to relaunch and salvage the Tunisian economy,” he told parliament five days after naming a cabinet that includes a new minister in charge of economic reforms. “This is needed to balance our finances.”

Chahed said the government aimed to reduce the deficit to 3 percent of gross domestic product by 2020 from 6 percent expected this year. He said growth was expected to hit 5 percent that year; in the first half of this year, the economy expanded by 1.9 percent.

Backed by the International Monetary Fund, the North African country is looking to reduce subsidies, overhaul its pension system and shrink its large public sector. But worries over social unrest have kept authorities from advancing with reforms.

Chahed said the government planned to reduce the public wage bill to around 12.5 percent of GDP from the current 14 percent - one of the highest ratios in the world.

In an effort to boost foreign currency reserves, he said the government would also loosen currency controls to allow Tunisians to hold foreign currency accounts locally and introduce an amnesty for illicit foreign currency trade.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tunisian parliament provides support for chahed tunisian parliament provides support for chahed

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tunisian parliament provides support for chahed tunisian parliament provides support for chahed

 



GMT 14:25 2012 Tuesday ,14 February

Ibrahim El-Fiky dies in fire

GMT 17:29 2017 Friday ,03 February

John Hurt's strangest role in cat film

GMT 11:41 2018 Tuesday ,02 January

Tueni says officers' decree 'whirlwind in a cup'

GMT 09:06 2017 Thursday ,11 May

Twinkle Khanna trolls the troll

GMT 19:34 2017 Monday ,13 March

EU leaders split on post-Brexit Europe

GMT 01:03 2017 Monday ,11 September

February20th-March20th

GMT 20:29 2017 Tuesday ,14 February

Sweden defends trade minister for wearing headscarf

GMT 09:24 2017 Monday ,14 August

Amir Karara decides to spend holiday in N.Coast

GMT 08:53 2017 Saturday ,04 November

Haifa Wahby faces a war to stop working in Egypt

GMT 18:46 2017 Thursday ,21 September

Commerzbank shares soar on government sell-off rumours

GMT 06:15 2017 Tuesday ,17 October

Obama: Coalition hitting Daesh harder than ever

GMT 15:47 2017 Saturday ,22 July

Ghada Abdel Razek praises her career

GMT 16:47 2017 Thursday ,23 November

Jordanian journalist happy of her career

GMT 04:29 2017 Wednesday ,08 November

Japan's Nissan cuts annual operating profit forecast

GMT 20:54 2014 Tuesday ,16 September

Robert McGee Jr’s new poetry collection revisits 9-11

GMT 07:49 2017 Wednesday ,27 December

Colombia records lowest murder rate in four decades

GMT 10:38 2017 Wednesday ,20 December

ADB lauds Pakistan’s improved credit rating

GMT 06:43 2017 Thursday ,14 December

HRH Crown Prince thanked by Algerian President
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday