Tunisia : Foreign Debt Wears out the Economy

During the past 25 years, the Tunisian society has spared no effort to increase its production. Indeed, the GNP has risen by 2.6 times, from $8.5 billion in 1980 to 22.4 billion in 2003. Nonetheless, a significant share of this wealth has been transferred through debts to influential foreign parties. Tunisia has allocated $28.5 billion to service its deb […].

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