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
Current EBRD forecast for Tunisia’s Real GDP Growth in 2018 2.8%
Current EBRD forecast for Tunisia’s Real GDP Growth in 2019 3.0%
In Tunisia, economic activity picked up in the first half of 2018, registering growth of 2.7 per cent year-on-year compared with 1.8 per cent in the same period of 2017, the fastest growth since 2014. Economic growth is projected at 2.8 per cent for the year, up from 1.9 per cent in 2017, supported by the continued rebound in agriculture, which in turn supported agribusiness and food production industries, and consequently manufacturing. Strong growth in the tourism sector and a rebound in exports and investment on the back of the dinar depreciation, which boosted competitiveness, have also boosted the economy.
Meanwhile, inflation reached a 26-year high in June, recording 7.8 per cent y-o-y, driven by higher consumption as a result of wage increases, subsidy reforms, and the impact of the depreciation, before moderating to 7.4 per cent in September. Growth is expected to pick up in 2019 to 3.0 per cent, against the backdrop of continued recovery in tourism and investment, stronger growth in major export markets in Europe, and the implementation of structural reforms, in the run up to the elections in November 2019.