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HomeNewsTunisia: Central Bank projects 0.5% growth in 2015 and 2.5% in 2016

Tunisia: Central Bank projects 0.5% growth in 2015 and 2.5% in 2016

The Executive Board of the Central Bank of Tunisia (BCT) noted at its meeting Wednesday, October 28, 2015, in particular, the downward revision of the expected rate of economic growth for the current year which was estimated to 0.5%, according to the latest updated date of the economic budget.

BCT also noted that the growth rate should reach 2.5% in 2016. “This signals the transition of the national economy from a current situation of recession to a recovery period coinciding with the start of the five-year plan 2016-2020. This recovery heralds an upward cycle of positive growth, “says the BCT in a statement posted on its Website on Thursday, October 29.

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