The current account deficit stood at 2.4% of the GDP during the first quarter of 2014.
At this rate, the deficit will peak at 12% of GDP at the end of the current year, said Government Spokesman Nidhal Ouerfelli.
The government plans to maintain this rate to 7% of GDP at the end of this year, added Ouerfelli after a Cabinet meeting held last Friday.
The meeting adopted a variety of measures to rein in the deficit of the trade balance and reach 72% of the rate of coverage of imports by exports at the end of 2014, against 60% currently.
