January 11, 2018

NO ONE LIKES NEO-LIBERALISM UNTIL IT WORKS:

Tunisia protests: Another heavy dose of austerity (Max Gallien, 11 January 2018, Middle East Eye)

Protesters are rallying against rapidly rising prices, high unemployment and the austerity policies of the Tunisian government. The primary demand is the revision of the new finance law, which came into power on 1 January, and is primarily held responsible for the recent dramatic increase in prices.

A group of young Tunisians launched the campaign فاش_نستناو "what are we waiting for". The group did not call for protests during the past few days, however, they are calling for a new protest on Friday in Tunis.

The law is an unfortunate climax of the economic policies that have shaped Tunisia's post-revolutionary era. Largely driven by the demands of the International Monetary Fund, of which it has historically been a dutiful student, Tunisia's government has been pursuing a strategy of economic reform geared towards cutting government expenditure and devaluing its currency.

There's a high cost for historic misgovernance.

Posted by at January 11, 2018 11:57 AM

  

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