Central Bank of Tunisia
Tunisia had a historically low inflation. The Tunisian Dinar was less volatile in 2000–2010 than the currencies of its oil-importing neighbors, Egypt and Morocco. Inflation was 4.9% in fiscal year 2007–08 and 3.5% in fiscal year 2008–09.
History of modern Tunisia
In the 1980s the economy performed poorly. In 1983 the International Monetary Fund (IMF) forced the government to raise the price of bread and semolina, causing severe hardship and protest riots. In this situation, the Islamic Tendency Movement (MTI) under Rashid al-Ghannushi provided popular leadership. Civil disturbances, including those by the Islamists, were repressed by government security forces under General Zine El Abidine Ben Ali. The government persisted in following its program; Ben Ali was named prime minister.