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Several countries in the MENA region have been facing financial crises of unprecedented gravity. The MENA Commission on Stabilization and Growth Report describes how debt ratios started rising after the Arab Uprisings as fiscal policies became more expansionary, and how this was further precipitated by the COVID-19 pandemic, the Ukraine war, and the rise in global interest rates. The financial crises are especially acute in Lebanon, Egypt, and Tunisia, where external shocks have exacerbated deeply embedded structural weaknesses. ....
Tunisia s planned free trade zone in Ben Guerdane has stalled while similar projects in Libya have advanced. If Tunisian authorities move quickly to revitalize the plan, they can boost the economy and give hope to the marginalized border population. ....
Tunisia s informal trade networks reflect growing trends: the country s progressive shift away from Europe, and the rise of Turkey and China as major trade partners. ....