The socio and economic consequences of COVID-19 pandemic in Tunisia : Empirical study on the banking sector

Purpose This study provides an analysis explores the COVID-19 pandemic's influence on inequalities, labor markets, higher education, and the banking sector within the Tunisian context. Design/methodology/approach A survey of 2,500 companies, carried out by the INS and IFC from April to November 2020, provided the data necessary to achieve the research objectives. Findings The study's results highlight the substantial health and economic strain the COVID-19 crisis placed on Tunisia. We also observed that the pandemic intensified banking vulnerabilities, manifesting as liquidity shortages and a growth in non-performing loans. Practicality and/or Research implications The Tunisian government, in line with other developing countries, faces the challenge of providing crucial support to those social groups hardest hit by the COVID-19 crisis, facilitating the progressive integration of vulnerable segments. Originality/value This paper provided an analysis of the socio-economic conditions that emerged as a result of the COVID-19 crisis and how to remedy the social vulnerability of a large part of Tunisian people and which apply to other developing countries. We propose to find a socio-economic model to fight against poverty and would allow the progressive inclusion of the most vulnerable people.