Recovering Economy

the tunisian economy is expected to grow by over 2 percent this year, despite high unemployment and inflation rates, according to the country’s statistics agency. the North African country’s economy grew 1.9 percent year on year in the first half of 2017 with contributions from the agricultural and service sectors, the National institute of statistics said on August 15. Foreign trade registered a year-on-year growth rate of 15.9 percent in the first seven months of 2017, the agency said, adding that the unemployment rate reached 15.5 percent while inflation stood at 5.6 percent by July this year. the international Monetary Fund (IMF) said that tunisia’s economic growth is expected to pick up, while significant macroeconomic

challenges linger. strategic initiatives as it looks to develop a five-year strategic plan. These initiatives are aimed at increasing the product offering of each market, building the capacity of market intermediaries, ensuring continuous public education and awareness campaigns, and supporting integration of market infrastructure.