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Record-breaking £150bn investment unveiled during US State Visit
Record-breaking investment into the UK of £150 billon unveiled during historic US State Visit, boosting jobs and catapulting growth
US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester
The Government has announced over £1.25 billion of inward investment from US finance companies, creating 1,800 UK jobs.
Overseas Business Risk: Tunisia
Information on key security and political risks which UK businesses may face when operating in Tunisia.
Political and Economic
Tunisia continues to advance its democratic transition, although its young democracy has seen nine governments in the last ten years. In May 2018, the first free and fair local elections were held, representing a significant first step in the process of decentralisation. At the end of 2019, Kais Saied won the presidential elections while the parliamentary elections produced a split Parliament without any majority forming political blocs. Following the elections, negotiations produced a government headed by Elyes Fakhfakh, which collapsed after less than five months in office. Further negotiations produced the current technocratic government headed by Hisham Mechichi, which secured parliamentary approval in September 2021.
Tunisia already suffered from a challenging socio-economic situation even prior to the additional strains of the Covid-19 pandemic. Frustrations with high levels of unemployment continue to fuel protests, including a series of violent riots in January 2021.