IMF forecasts 2.3% growth for Tunisia in 2017, 3% in 2018

Tunisia is set to reach 2.3% growth by the end of the year, in line with World Bank forecasts, the International Monetary Fund (IMF) has said.

In its latest “World Economic Outlook” the IMF forecasts 3% growth for Tunisia in 2018 and a slight improvement in its foreign trade balance, with deficit falling from 8.7% in 2017 to 8.4% next year.

In 2016 the foreign trade deficit was 9%. According to IMF estimates, this year unemployment is expected to drop to 13% from 14% last year and to 12% in 2018. Inflation is expected to be 4.5% in 2017 and 4.4% in 2018.

Morocco is expected to report 4.8% growth this year and 3% growth in 2018 and Egypt 4.1% growth this year and 4.5% growth in 2018.



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