Fiscal Balance in Tunisia

Tunisia Fiscal Balance | Economic News & Forecasts

Tunisia - Fiscal Balance

The economy appears to have remained on a weak footing in the first quarter of 2019, after growth decelerated in Q4 2018 due to a downturn in the industrial sector. Indeed, January and February data shows industrial production continued to decline, boding ill for economic momentum. Moreover, exports and imports both contracted throughout the quarter, while foreign exchange reserves—already critically low in previous months—continued to deplete. However, on 17 April, the IMF reached a staff-level agreement on the fifth review of Tunisia’s loan program, which could provide a desperately-needed cash injection to the country. Meanwhile, ongoing protests forced the government to raise pensions and the minimum wage on 1 May, which will likely exacerbate the fiscal deficit.

Tunisia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-6.9  -5.0  -4.8  -6.1  -6.1  

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Tunisia Fiscal Balance Chart


Tunisia Fiscal
Note: Fiscal balance as % of GDP.
Source: Ministry of Economy and Finance.

Tunisia Facts

ValueChangeDate
Bond Yield7.160.0 %Dec 15
Exchange Rate2.98-0.27 %May 13
Stock Market0.10.05 %May 13

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