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Britain, France, and Italy take financial control of Tunisia

Attempts at modernising Tunisia under Muhammad III as-Sadiq failed to raise state revenues. Tunisia was unable to keep up with interest payments on its foreign loans. Western trading interests were threatened and led to Britain, France, and Italy taking over the finances of the Tunisian state.

 

Johan Fredrik Höckert: Bejen i Tunis Sid Muhammed Es Sadok
Sign. 1862
NM 1939

This effectively spelt the end of Tunisian sovereignty.

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