Economy of Tunisia
The Tunisian government adopted a unified investment code in 1993 to attract foreign capital. More than 1,600 export-oriented joint venture firms operate in Tunisia to take advantage of relatively low labor costs and preferential access to nearby European markets. Economic links are closest with European countries, which dominate Tunisia's trade. Tunisia's currency, the dinar, is not traded outside Tunisia. However, partial convertibility exists for bona fide commercial and investment transaction. Certain restrictions still limit operations carried out by Tunisian residents.
Banking in Tunisia
The 2011 Jasmine Revolution in Tunisia, affected the country’s economic, social and political stability, changing the country’s prospects. In the wake of this revolution, it has been suggested that a modern offshore banking system would be a viable development strategy for Tunisia, and that it would play an essential role in the country's economic recovery.