Fiscal Balance in Tunisia
Tunisia - Fiscal BalanceGrowth was lackluster at 1.2% in the second quarter according to recent data, weighed on by a further decline in industrial output. However, agriculture rebounded, while the services sector remained a key growth driver. Sluggish momentum translated into weak labor market dynamics, with the unemployment rate remaining slightly above 15% in the period. This comes after GDP growth fell to a multi-year low in Q1 on contractions in agriculture and industry. Turning to the third quarter, economic prospects remain uninspiring, as slow EU growth and domestic political uncertainty are likely hampering activity. On the political front, in mid-August the electoral commission announced the 26 candidates who will compete in the 15 September presidential elections. The outcome is uncertain, although the role of president is mainly limited to defense and foreign policy.
Tunisia - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-6.9||-5.0||-4.8||-6.1||-6.1|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia Fiscal Balance Chart
Source: Ministry of Economy and Finance.
|Bond Yield||7.43||0.0 %||Jun 15|
|Exchange Rate||2.86||-0.27 %||Sep 04|
|Stock Market||0.2||0.05 %||Sep 04|
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