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Tuesday 22 June 2021
HomeNewsTunisia: "1.2% growth rate in H1" (BCT)

Tunisia: “1.2% growth rate in H1” (BCT)

At its meeting Wednesday, September 28, 2016 in Tunis, the Executive Board of the Central Bank of Tunisia (BCT) noted that the current economic context is characterized by low growth, which rate did not exceed 1.2% in the first half.

Still according to the Central Bank, the current account deficit remains at a high level, albeit down slightly from one year to another, which is likely to adversely affect foreign currency

reserves, changes in the exchange rate of the Dinar and the situation of bank liquidity, (impacted in part by changing financing needs of the public and private sectors), but also the intervention of the Central Bank to regulate the money market.

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