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FinancialNews
18-02-19
Tunisia hits 2.5 percent in 2018 economic growth
(MENAFN) Tunisia recorded a 2.5 percent jump in its economy for last year, the state statistics institute unveiled, from the 1.9 percent seen in 2017.
This figure did not meet the forecast the Tunisian government set, as it expected a 3 percent economic growth for the period.
According to the institute, the result was driven by a worsening local currency value, a great trade balance deficit, a decline in reserve of foreign currency, and a small volume of strategic phosphate exports.
Exceeding 3 percent in the economic growth needs traditional economic factors, affirmed Tunisian economic and financial expert Ezzeddine Saidan.
MENAFN1802201900450000ID1098133988
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