(3 minutes read)
- Many Tunisians are complaining they can no longer afford to buy sheep for sacrifice, as economic crunch and high prices are staring at them. This has also affected the consumption of traditional sweets in the country. Some people even went to the extent that they had asked the mufti of the Republic to cancel this year’s Eid as there isn’t enough meat production
Many Tunisians are complaining they can no longer afford to buy sheep for sacrifice, as economic crunch and high prices are staring at them. This has also affected the consumption of traditional sweets in the country. Some people even went to the extent of asking the mufti of the Republic to cancel this year’s Eid as there isn’t enough meat production.
Inflation is already ruling above 10%. This has grossly affected the confectionary industry, which used to have peaked up demand during the season triggered by weddings and other festive occasions. The price of sacrificial mutton has risen to at least 1,000 dinars (300 euros), more than double the minimum wage in this Maghreb country this year.
Read also:
https://trendsnafrica.com/tunisia-wants-amicable-settlement-to-migrant-issue/
https://trendsnafrica.com/us-and-italy-tell-tunisia-to-go-for-imf-bailout-offer-additional-bailout/
Tunisia’s financial crisis is reflected in chronic shortages of basic foodstuffs, against a backdrop of high political tensions since President Kais Saied seized full power in July 2021. It has rocked the democracy born of the first Arab Spring revolt in 2011. Tunisia, indebted to the tune of 80% of its GDP, obtained an agreement in principle from the International Monetary Fund (IMF) in October for a loan of nearly US$2 billion. But discussions have since stalled for lack of a firm commitment from the country to implement a reform program.
