HomeNewsTunisia: IMF predicts lower inflation in 2015

Tunisia: IMF predicts lower inflation in 2015

The growth rate of Tunisia could reach 4% of GDP in 2015, according to the latest IMF Report, up from 2.4% over the current year and 2.3% in 2013.

The IMF also predicted a decline in the consumer price index to 5% in 2015 from 5.7% during the current year.

Still according to the forecasts of that international organization, it is expected that foreign reserves reach $ 10 billion in 2015 against $ 9.1 billion planned for the current year.

On another level, the same source said that the risks to the future outlook are still high due to the deterioration of the social climate, with the increasing number of strikes and sit-ins, which could cause a slowdown in production and a delay in the implementation of the necessary reforms.

IMF forecasts come as Hakim Ben Hammouda, Minister of Finance and Economy said the government has started preparing the state budget in 2015.

The minister said, in this respect, that the state budget for 2015 is the continuation of the major axes of the Supplementary Budget Law based mainly on taxation, fight against smuggling and preservation of major balances.

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