President Kais Saied is coming under pressure to tackle stagnation after seizing power in July
Demonstrators carry flags and banners during a protest against the Tunisian President Kais Saied's seizure of governing powers, in Tunis, Tunisia, on September 26 2021. Picture: REUTERS/ZOUBEIR SOUISSI
"We expected prices to drop. But look, the price of a kilogram of escalope [a type of boneless meat] rose from 15 dinars to 19 dinars," she said at a market in the Ibn Khaldoun district of the capital. "The situation is very critical in the economy and public finance in particular. We have been on the verge of collapse for months," said economics analyst Moez Joudi.
Saied, who sacked the prime minister, froze parliament and empowered himself to rule by decree, has yet to appoint a new government, articulate any comprehensive economic policy or say how he would finance the public deficit and debt repayments.The president’s office was not available for comment on the state of the economy in the North African country. Neither were economic and financial officials.
“The economic conditions are a real test for the president. The situation is bad. The president has opened a door of hope for us," he said.
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