Tunisia's Banking Strike: A Nation at Economic Crossroads

Tunisian bank workers initiated a two-day strike demanding wage increases amid an economic crisis. The UGTT union's strike emphasizes Tunisia's economic struggles, highlighting skyrocketing living costs. President Kais Saied’s power centralization and crackdown on civil society intensify tensions, reflecting strained union-government relations.


Devdiscourse News Desk | Updated: 03-11-2025 19:44 IST | Created: 03-11-2025 19:44 IST
Tunisia's Banking Strike: A Nation at Economic Crossroads
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Tunisian bank workers embarked on a two-day strike on Monday, demanding wage hikes as the nation grapples with a severe economic crisis. Financial transactions came to a standstill, with lines forming at malfunctioning ATMs, leaving citizens without access to cash.

The UGTT union, after failed negotiations with the banking council, stood firm for wage adjustments to counteract rising living costs, which have diminished employees' purchasing power. This strike demonstrates the union's lasting clout even as President Kais Saied tightens his grip on power.

Saied's controversial crackdowns, including the suspension of NGOs, have drawn criticism, as he accuses civil society of foreign collusion. UGTT leader Noureddine Taboubi emphasized that their fight extends beyond economic demands to defending broader freedoms, amid Tunisia's persistent economic and political turmoil.

(With inputs from agencies.)

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