Decline in foreign investment in Tunisia

Official data showed that foreign investments in Tunisia saw a decline by 17.9% during the month of January, compared with the results recorded during the same period of last year, as revenues fell tourism and petroleum. Said the official Tunisian news agency that the volume of foreign investments in Tunisia reached last January 126.2 million dinars (89.5 million dollars) compared to 153.7 million dinars ($ 109 million) in the same month of 2010.

The statistics reported by the Agency to the fall in revenues from the tourism sector and production of oil from Tunisia during the month of January, compared with the results recorded in the sector during the same month of the year 2010. They noted that the number of tourist nights recorded in Tunisia during the past two months, fell by 60.5%, which contributed to the fall in revenues from the tourism sector by 39.4% to size up to the twenty-eighth of February last 190.1 million dinars (134.82 million dollars).

The decline in the production of oil in Tunisia in January last year by 21.1%, while sales of electricity during the same month declined by 2.4%, compared to the evolution of 2% during the same month last year. Experts believe that the Tunisian economy, complaining only of some weakness and a slowdown, and that the suffering is not a result of the recent turmoil, but as a result of other factors precedent. They believe that the Tunisian economy could recover the return of stability, and also the support of companies, and to reassure investors, and the return of confidence between the various parties

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