Tunisia Hosts Investors to Revive Post-revolution Economy
Tunisia is hoping to reverse a decline in foreign investment and shake off some of its post-revolution economic malaise at an international conference that opens Tuesday.
The two-day event is aimed at drumming up interest in projects worth some $30 billion and boosting an economy hurt by militant attacks, labor unrest and political instability.
It comes as Prime Minister Youssef Chahed’s government tries to contain a fresh wave of resistance against austerity measures demanded by international creditors.
“We have to revive hope among our youth,” Chahed said before the conference, in which the government says representatives from at least 40 countries are expected to take part.
Tunisian President Beji Caid Essebsi, right, greets French Prime Minister Manuel Valls at the Presidential Palace in Carthage near Tunis, Tunisia, Nov. 28, 2016.
France and Qatar are the main foreign backers, with French Prime Minister Manuel Valls and the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, due to address the opening session.
