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Wednesday 23 June 2021
HomeNewsTunisia has highest unemployment rate in MENA region

Tunisia has highest unemployment rate in MENA region

In its report on the global economic outlook released Tuesday, the International Monetary Fund (IMF) said Tunisia’s unemployment rate in Tunisia is the highest in the MENA (Middle East & North Africa), i.e. 16.7 % in 2013, a rate that fell to 16.0 % this year and 15.0 % in 2015.

On consumer prices, they are expected to decline 5.5% this year against 6.1 % in 2013 and further decrease to 5.0 % in 2015.

Regarding the current account, it is expected to drop to -6.7 % this year and to -5.7 % in 2015, after peaking at -8.4 % in 2013.

In terms of growth rates, IMF projections expect about 3.0 % in 2014 and 4.5 % in 2015.

The IMF says that “growth is expected to strengthen, with renewed confidence generated by the promulgation of a new constitution, reduced security tensions and reforms before the elections.”

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