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Arab Institute urges priority laws for economic reform

Arab Institute urges priority laws for economic reform

The Arab Institute of Heads of Institutions recommended the urgent enactment of three priority laws related to economic reforms in Tunisia, out of a total of 16 planned structural reforms. They proposed establishing a leadership unit headed by the government and setting a mandatory timetable for their implementation. The institute emphasized that delays in passing the legal texts negatively impact economic growth and investment, highlighting the need to update the Foreign Exchange Law, implement the Renewable Energy Law, and strengthen the Investment Law. It was noted that the investment rate dropped from 19.3% to 16% between 2016 and 2024, while foreign inflows decreased by 25% from 2019 to 2023. The main obstacles identified include poor coordination between ministries and dispersed responsibilities, with 16 projects underway without a unified schedule.

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