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HomeNewsTunisia: "We need TD 60 billion over 5 years," says UTICA President

Tunisia: “We need TD 60 billion over 5 years,” says UTICA President

In a recent interview on French radio RFI (Radio France International), President of the Tunisian employers’ organization (UTICA), who attended an international mobilization initiative to support Tunisia, gave an accurate estimate of needs under international support.

“Tunisia needs 60 billion dinars over five years. That is why we are mobilizing to urge supporting Tunisia because today the success of the process in Tunisia is directly related to the country’s economic growth, “said Wided Bouchammaoui.

Replying, indirectly, to those who accuse the local employers’ organization of inertial management and point to a decline in local investment, the president of the UTICA said “the Tunisian private sector remains the largest employer in Tunisia.

In absolute terms, private sector investment has not decreased since 2010 but declined to 20% of GDP. However, it still remains below the expectations of Tunisians. “


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