02 Jun 2018 | 03:59 AM UTC
Tunisia: Government to raise fuel prices while keeping wages level
Tunisian government to reportedly raise fuel prices in early June while foregoing increases to public wages; associated protests possible in the coming days
Event
The Tunisian government is reportedly planning to increase fuel prices in the coming days while foregoing increases to public wages. The decision, reported on Friday, June 1, comes as the country seeks to meet International Monetary Fund (IMF) terms to secure an upcoming loan tranche. Associated protests are possible in the coming days over the announcement; a heightened security presence and transportation disruptions are expected near any related demonstrations.
Context
Tunisia and the IMF reached an agreement on a USD 2.8 billion loan package in December 2016. The deal includes measures to cut public spending and deficits. In general, Tunisia has suffered slow economic growth after former President Zine El-Abidine Ben Ali was ousted in 2011. Protests over the 2018 Financial Act, which aims at reducing Tunisia's deficit, has been the subject of much debate in the political realm and within society. Related protests broke out in January 2018.
Advice
Individuals in Tunisia are advised to monitor developments to the situation, avoid all protests due to the risk of potential violence, and adhere to any instructions issued by the local authorities.
