Just when things were getting better for investors in Tunisia they got worse again, according to a report in Monday’s FTfm.
Rather than spook investors, the 2011 Jasmine revolution had the perhaps unexpected effect of convincing investors that their investments would be safe from confiscation by the former ruling family.
“After the revolution we expected investors to hide money, but exactly the opposite happened,” says Issam Ayari, director at the broker Tunisie Valeurs. “We had large deposits in our funds. Investors believed things would get better.”
No comments:
Post a Comment