Tunisia Posts 2.5% Growth
Tunisia Posts 2.5% Growth

Tunisia Posts 2.5% Growth

Tunisia Posts 2.5% Growth

The Tunisian economy grew 2.5% in the first quarter of 2018, compared to 1.9% in the same period a year ago, the investment minister said on Tuesday, Reuters reported.
Zied Ladhari said economic growth was bolstered by strong growth in agriculture, which expanded by 11.9% in first quarter this year up from 2.5% in the same period last year.
Tunisia is under pressure from the International Monetary Fund to speed up reforms that it says will help its economy recover from two major militant attacks in 2015 that hurt its vital tourism industry.
“This growth rate is important and it is the start of recovery of Tunisian economy after the 2015 terrorist attacks”, Ladhari told reporters.
Tunisia plans to cut its budget deficit to 4.9% of gross domestic product in 2018, down from an estimated 6% in 2017.
It aims to achieve 3% growth in 2018, compared to 1.9% for 2017.


Short URL : https://goo.gl/f7yyUr
  1. https://goo.gl/5yqzTD
  • https://goo.gl/HR9Ubx
  • https://goo.gl/kLwnFJ
  • https://goo.gl/ADM4s7
  • https://goo.gl/FSzAvj

You can also read ...

Government data shows the number of jobs created in July fell to the lowest levels in over eight years.
South Korea’s ranking officials revealed a disparity in their...
As technological progress makes people richer in terms of many basic goods and services, it may be inevitable  that more human activity is devoted to zero-sum competition for available income and assets.
Across the global economy, the potential for automation seems...
Annual expansion in the second quarter fell to 4.5%.
Malaysia cut its full-year growth forecast and reported much...
India’s CAD to Widen to 2.5 Percent of GDP
India’s current account deficit will widen to 2.5% of the GDP...
Ghana Backpedalling Out of Banking Crisis
Ghana is backpedalling out of a banking crisis as the...
Canada Inflation Surges
Canada’s inflation rate surged to 3% in July, fueled by rising...
Amazon to Challenge TiVo With Live TV Recorder
Amazon.com Inc. is developing a new device that records live...
Walmart Completes Flipkart Deal
Walmart Inc. will retain existing management of Flipkart Group...

Add new comment

Read our comment policy before posting your viewpoints