Tunisia Economic Outlook
October 4, 2016The Tunisian economy regained some momentum in the first half of this year. In the second quarter it sped up to 1.4% growth on an annual basis, which marked a further improvement on Q1’s 1.0%. Despite the ongoing protests and strikes, the manufacturing industry was the key driver of the expansion, while the agriculture sector dragged on the economy again. After the political shake-up this summer, the new unity government is now at work. On 17 September, Parliament approved the new investment law, which will give foreign investors more flexibility to manage funds and profits in and outside the country. It will also establish a fund in charge of big infrastructure projects in marginalized areas.
Tunisia Economy Data
5 years of Tunisia economic forecasts for more than 30 economic indicators.
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|Bond Yield||6.73||0.0 %||Jun 15|
|Exchange Rate||2.26||0.61 %||Oct 20|
|Stock Market||0.5||-0.24 %||Oct 13|
Tunisia Economic Growth
October 4, 2016The rise of terrorism and geopolitical risks in the region, coupled with high unemployment and social unrest, affect Tunisia’s economic outlook for this year, despite the government’s attempt to reboot the economy. In this climate, Consensus Forecast panelists expect the economy to grow 1.6% in 2016, which is down 0.1 percentage points from last month’s projection, and 2.5% in 2017.