Finance

Terrorist attack on Sousse: Tunisia expects to miss out on US$515 from its projected tourism earnings

Wednesday, 01 July 2015 11:25

Following the deadly terrorist attack on 26 June targeting a seaside resort hotel in Sousse (Central East), Tunisia's Minister for Tourism Salma Elloumi announced that the country is expecting to see its yearly tourist business income drop by a quarter, which corresponds approximately to US$ 515 million.

The Tunisian tourism sector revenue rose to US$ 1.95 billion in 2014, equivalent to 7% of the national gross domestic product (NGDP). The minister declared on Monday 29 June evening that "the attack had a substantial impact on the economy, the losses will be high".

She also announced a series of "emergency measures" to support professionals in the tourism industry, including allocating special loans for the 2015 and 2016 seasons and scrapping the 30 dinars (US$ 14) exit tax levied last year on non resident foreigners when leaving the country.

39 individuals, in majority British, were killed during the terrorist attack perpetrated by a young Tunisian of 23 years, shooting at the tourists who were on a private hotel beach.

To try and reassure foreign visitors, the Tunisian government has strengthened and tightened security in tourist areas by deploying a thousand additional armed police officers and military support.

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