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FINANCIAL NEWS
Tunisia’s 2012 economy to expand 2-3%: IMF
27 May 2012
(MENAFN) The International Monetary Fund’s (IMF) mission chief to Tunisia, Joel Toujas-Bernate, stated that in 2012, Tunisia’s economy is expected to grow between 2 to 3 percent, reported Gulf News.
Toujas-Bernate said that in 2011, Tunisia’s economy contracted by 1.8 percent, affected by the political upheaval that swept the country and ousted Zine Al Abidine Ben Ali.
However, the official warned of the European debt crisis, which represents a key factor that may harm the country’s economy during the current year, since the euro zone is Tunisia’s most important export market.
It is worth noting that during the first quarter, Tunisia’s economy expanded 5 percent from 2011, however, inflation in April grew to 5.7 percent, due to higher demand from Libya for food and clothing that raised prices and resulted in supply shortages.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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