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Morocco World News with Maghreb Intelligence
Rabat, May 26, 2013
This is a real catastrophe for the Tunisian economy. In fact, more than 1,200 Tunisian businessmen have already, or are about to move their investments to Morocco.
The revelation comes from a senior official of the Central Bank of Tunisia who talked anonymously to "Maghreb Intelligence."
According to this reliable source, many industry bosses have very advanced contacts in Casablanca and Tangier. Thirty of them have already acquired land and filed requests for authorization from the competent Moroccan authorities.
In recent months, Tunisian businessmen have complained of harassment they are subjected to by politicians who accuse them of having benefited from the generosity of the regime of Zine El Abidine Ben Ali.
Things have gotten worse for many of them who are prevented from leaving the country. If they do so, judicial proceedings will be initiated against them. Today, the Tunisian Central Bank estimates that there are more than 500 million money transfers to Morocco made ??by Tunisian investors, which makes the economic situation of the country a little more difficult.
Edited by Louise Riondel