Tunisian Economy Grows by 2.1% in the First Quarter of 2023

  • Tunis, Republic of Tunisia
  • 16 May 2023
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Data published by the Tunisian National Institute of Statistics showed that the country's economy grew by 2.1% during the first quarter of this year, compared to 2.4% in the same quarter last year. According to the institute, the unemployment rate reached 16.1 percent, unchanged from the same period last year.

The Tunisian Prime Minister, Najla Boden, revealed Tunisia's success in paying its external and internal debts and providing an acceptable foreign exchange reserve, despite the difficult and unprecedented economic situation in the country. Boden acknowledged the difficult stage the country is experiencing, due to the weakness of economic activity for more than a decade, the low growth rate of negative 8.7 percent, low private investment, decline in public investment, rampant rentier economy, corruption, and unfair competition.

Source (Al-Arabiya.net Website, Edited)

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