Investment in Tunisia
Tunisia - Investment
Economic prospects appeared dim in Q3. A Covid-19 wave hit the country early in the quarter, forcing a reintroduction of quarantine measures for visitors in a blow to the hard-hit tourism sector. Furthermore, July’s coup caused considerable uncertainty, leading Fitch Ratings to downgrade the country’s credit rating, while exports and imports tumbled month-on-month in July. That said, prospects seemed to brighten somewhat late in the quarter, as an acceleration in the vaccination campaign led to tumbling Covid-19 cases. Turning to Q4, the government loosened restrictions in September and October, which should be aiding activity. In politics, the president finally named a government in October. However, he retains unchecked power, and reforms to tackle a growing fiscal crisis are still lacking.Tunisia - Investment Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Investment (annual variation in %) | -0.5 | 1.1 | 0.3 | 2.0 | - |
Tunisia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 7.45 | 0.0 % | Sep 15 |
| Exchange Rate | 2.78 | -0.27 % | Jan 01 |
| Stock Market | 0.2 | 0.05 % | Jan 07 |
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