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Tunisia: persisting pressure on current deficit widening (BCT)

At its meeting on December 29, 2014, the Executive Board of the Central Bank of Tunisia (BCT) focused, once again, on the persisting pressure of the current deficit widening, up to 6,832 MTD, or 8.3% of GDP over the first eleven months of 2014, against 7.1% over the same period of the previous year.

This trend is mainly attributable to the trade deficit worsening which exceeded 12.5 billion dinars, due to the continuous growth of the energy balance and the food balance deficits.

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