The Tunisian-African Business Council has called for an urgent meeting of the country's National Security Council to declare a maximum economic emergency and start rationalizing state expenses.
This was reported by the Tunisian channel "Nessma" on Sunday, February 28, noting that the meeting also aims to reshape the state budget for this year, emphasizing the need to take full responsibility and make decisions appropriate to the seriousness of the current situation, according to a statement from the council. The statement highlighted that "the reduction of the country's international credit rating agencies hampers the state and Tunisian institutions from obtaining financing from abroad," and urged the meeting to resolve the government reshuffle crisis as quickly as possible and to renegotiate with the Tunisian General Labor Union to freeze signed agreements for at least two years and reduce the wage bill.
The statement called for "the suspension of all forms of strikes and sit-ins for at least two years, speeding up the restructuring of public institutions, and halting the injection of taxpayer funds into institutions facing bankruptcy," urging Tunisian banks to intervene more effectively to rescue and finance small and medium-sized enterprises.
The statement also requested that the Central Bank continue to support the stability of the dinar, control inflation, and lower interest rates to encourage investment. A large rally took place yesterday in the heart of Tunis, where many supporters of the Ennahda Movement participated, defending what the movement considers the legitimacy of institutions and the constitution.
