HomeNewsTunisia: growth set to reach 3.4% in 2014, according to EBRD

Tunisia: growth set to reach 3.4% in 2014, according to EBRD

Improvements in the euro area should provide support to Tunisia and Morocco, said the economic report of the European Bank for Reconstruction and Development (EBRD).

Indeed, the significant political progress in Tunisia have had a positive impact on the economic outlook and growth should reach 3.4% 2014 and 4.7% in 2015.

“In Tunisia, mass demonstrations and the deteriorating security and political crisis had a negative impact on the economy in 2013, where growth reached 2.7 %,”

said the report entitled “slow economic recovery in the southern and eastern part of Mediterranean / SEMED region.”

The report added «improvements in the euro area should provide support to Tunisia and Morocco, two countries closely linked to the economies of the southern part of the euro zone.”

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