In Tunisia, EBRD strategic priorities focus on:
Supporting Tunisia’s competitiveness by opening markets, strengthening governance, and levelling the playing field.
Promoting economic inclusion for women, young people and populations living in remote areas through private sector engagement.
Strengthening the resilience of the financial sector and broadening access to finance.
- Supporting Tunisia’s green economy transition.
The EBRD’s Tunisia country strategy was approved on 12 December 2018
Tunisia's policy response to the coronavirus crisis
The EBRD is monitoring Tunisia's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.
Current EBRD forecast for Tunisia’s Real GDP Growth in 2020 -8.0%
Current EBRD forecast for Tunisia’s Real GDP Growth in 2021 4.0%
GDP in Tunisia contracted by 11.4 per cent year-on-year during the first half of 2020, because of the Covid-19 crisis and related containment measures. The largest contractions were observed in the tourism, transport, public administration, manufacturing, construction, textiles and trade sectors. Meanwhile, the ag riculture and the food processing sectors posted strong growth, thanks to a record-breaking olive oil harvest in 2019-20. Inflation has fallen, reflecting a slowdown in food and transport price increases, but remains relatively high, at 5.4 per cent year-on-year in August 2020. GDP is projected to contract by 8.0 per cent in 2020, with growth picking up to 4.0 per cent in 2021.
The economy is being held back by the implications of the Covid-19 containment measures, both domestic and those applied in Tunisia’s main trading partners inEurope and affecting supply chains. The weak outlook in the tourism and transportation sectors is compounded by an expected contraction inagriculture due to poor rainfall, and a decline inglobal foreign direct investment flows. On the other hand, relatively low oil prices could support the economy, subject to political and policy stability.