Tunisia has undergone a relatively tumultuous few years. Civil unrest in January 2011 saw the removal of President Ben Ali and caused substantial economic disruption. Four years later Tunisia's prospects for stronger economic growth and political stability were bolstered with the peaceful election of President Beji Caid Essebsi and the secular Nidha Tunis Party. Significant policy reform is needed to achieve strong growth including deregulation of labour markets and subsidy reform. The terror events of 2015 have raised the possibility of further political and economic instability which could keep demand growth muted.