HomeNewsTunisia: trade balance deficit will reach over 14 billion TD in late...

Tunisia: trade balance deficit will reach over 14 billion TD in late 2014

Minister of Trade and Handicrafts, Nejla Moalla Harrouche told Express Fm on Thursday it was decided at an inter-ministerial meeting to impose controls on certain imported products, in order to reduce the trade balance deficit which stood at 11.8 billion dinars by the end of 2013 and will reach over 14 billion by the end of 2014.

She has said, in this regard, that the main cause of the trade deficit is the energy subsidy which accounts for 27% of the overall subsidies.

The minister added that the Tunisian government should take a series of measures to reduce that deficit, including the preliminary control of certain imported food products, before explaining that this measure would encourage not importing products that are not necessities.

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