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Tunisia: BCT expects 3% growth in 2015

The Executive Board of the Central Bank of Tunisia (BCT), which met Wednesday, October 29, 2014, revised the preliminary forecasts of economic growth for 2015 estimated at 3% against less than 2.5% expected in 2014.

This rate was estimated on the basis primarily of the increase in the value added of agriculture (8%) and manufacturing industries (3.8%), and the expected recovery in non-manufacturing industries (2.3% against -0.9%) mainly due to the improvement of the production of hydrocarbons (1.5%) after the recorded decline in recent years.

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