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Foreign Investment in Tunisia Up 73% in 1st Quarter

Foreign Investment in Tunisia Up 73% in 1st Quarter

Sunday, 8 May, 2022 - 13:00
A general view of Habib Bourguiba Avenue in downtown Tunis, Tunisia, March 22, 2020. REUTERS / Zoubeir Souissi/File Photo

Foreign investment in Tunisia rose by 73% in the first three months of 2022 compared to the same period a year earlier, the state news agency reported on Sunday.


Foreign investment had risen 18% in January to March 2021 compared to the same three-month period of 2020.


The European Union said in March it planned to lend 450 million euros ($475 million) to support Tunisia's budget and said it would invest 4 billion euros in coming years.


The North African country has been seeking international help to support its strained public finances.


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