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FINANCIAL NEWS
Tunisia seeks investors for USD6.82 projects
09 Sep 2014
(MENAFN) Tunisia is looking for foreign investors for planned infrastructure and development projects, worth USD6.82 billion, The Peninsula Qatar reported.
The country is currently planning 22 projects in many sectors, including energy, tourism, transport and infrastructure, as well as projects for the construction of dams and port in the city of Ennfidha.
Tunisia economy has been struggling as the government cut its forecast for economic growth for the third time this year, from 3 percent to between 2.3 and 2.5 percent.
Its budget deficit is set to reach 8 percent of gross domestic product this year, mostly because of wage costs for public workers and subsidies left over from the past years.
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