Day: April 13, 2018

Tunisia’s food trade balance recorded a surplus of 222.6 million dinars (MD) in the 1st quarter of 2018 (1st Q), against a deficit of 384 MD in the 1st Q of 2017, due to the doubling of food exports of olive oil, according to data released recently by the Agriculture, Water Resources and Fisheries Ministry. Over the same period, the import coverage rate by exports edged up by 117%, compared to 67.1% in 2017. This growth is due to the increase in the value of food exports by 95.6%, against…

Economic growth is picking up, but risks to macroeconomic stability have also risen. Strong policy and reform implementation will lower risks to the budget and decelerate inflation. Discussions on the near-term economic reform priorities will continue in Washington during the IMF’s Spring Meetings from April 20–22. An International Monetary Fund (IMF) staff team, led by Bjoern Rother, visited Tunisia from April 4–11 to discuss the country’s recent economic developments and the authorities’ policy plans under Tunisia’s economic reform program supported by a four-year IMF Extended Fund Facility (EFF) arrangement (see Press…

Tunisia is able to recover its position as the leading south Mediterranean exporter to Europe by 2020, said Prime Minister Youssef Chahed on Thursday. At a national conference on Tunisian industry and small and medium-sized enterprises, Chahed said that since January 2017, Tunisian industrial exports have exceeded 31 billion dinars (12.76 billion U.S. dolllars). The country’s exports are expected to exceed 47 billion dinars (19.35 billion dollars) in 2020. “We are able to fulfill this objective thanks to measures the government has taken, in addition to the recovery of the national…