Banking in Tunisia
Tunisia is known for economic and political stability, its highly educated workforce, while Islamic radicalism is weak. Tunisia does not have the resource curse of oil or mineral deposits that often determine instability. From 2000 to 2009, Tunisia grew at an annual rate of 5.2% and its per capita income of about $8,300 (in PPP terms) in 2009 was second only to Lebanon among the oil-importing MENA countries. The stability of the Tunisian Dinar and historically low inflation in Tunisia are positive indicators for its potential development of financial services. Inflation was 4.9% in FY 2007-08 and 3.5% in FY 2008-09. The Tunisian Dinar was less volatile in 2000-2010 than the currencies of its oil-importing neighbors, Egypt and Morocco.
Avenue Habib Bourguiba
Avenue Habib Bourguiba () is the central thoroughfare of Tunis, and the historical political and economic heart of Tunisia. It bears the name of the first President of the Republic of Tunisia and the national leader of the Tunisian independence movement. Today, the broad Avenue aligned in an east-west direction, lined with trees and facades of shops, and fronted with street cafes on both sides, and which is compared to the Champs-Élysées in Paris, and its extension, the Avenue de France, Place de l'Indépendance marking the central roundabout with Lake of Tunis at the eastern end. Many of the important monuments are located along this avenue, including Cathedral of St. Vincent de Paul, French Embassy in Tunisia and Théâtre municipal de Tunis.