UN chief congratulates Tunisians on peaceful holding of 'historic' polls
Source: BI-ME with UN News Centre , Author: Posted by BI-ME staff
Posted: Tue October 25, 2011 8:05 pm

TUNISIA. Secretary-General Ban Ki-moon has congratulated the people and interim authorities of Tunisia for the peaceful holding of the first free elections in the region since the start of the Arab Spring reform movement.
 
It was the people of Tunisia that inspired the region earlier this year when they stood up to demand democracy and freedom, sparking a wave of popular uprisings across North Africa and the Middle East.

 The “historic” Constituent Assembly election held on Sunday is another important step, the Secretary-General noted in a statement issued last night by his spokesperson.

 The 217-member Assembly will be tasked with drafting a new constitution, choosing an interim government and setting the dates for parliamentary and presidential elections. The turnout for the election was over 90 per cent, according to media reports.

“This landmark election constitutes a key step in the democratic transition of the country and a significant development in the overall democratic transformation in North Africa and the Middle East,” the statement said.

“The Secretary-General encourages all stakeholders to remain committed to the principles of inclusiveness and transparency throughout the remaining parts of the transition process.”

The UN, at the request of the national authorities, provided technical assistance to support the elections, which were organized and managed by Tunisia.

Mr. Ban stressed that Tunisia’s people and authorities “will always find the United Nations ready to offer its full support as they move towards a better and democratic future for themselves and for the generations to come.”

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
dhgate