The Tunisian trade deficit until the end of last November reached 23.281 billion Tunisian dinars (about 7.2 billion dollars), compared to a deficit that did not exceed 14.653 billion dinars in the same period in 2021. This marks an increase of 58.8 percent, which is a record since 2010, which is a reference year for a large number of economic indicators, such as the local production of phosphates or the results of the tourism sector.
According to the Tunisian Institute of Statistics (governmental), the percentage of coverage of imports with exports decreased by 5.1 percent compared to 2021, to reach the level of 69.1 percent. China, Russia, and Turkey are among the most important countries behind the exacerbation of the trade deficit in Tunisia as a result of the trade imbalance and its tendency in their favor. Tunisia had reached a final agreement with the International Monetary Fund, to obtain a loan from the fund, as the Tunisian government presented a program that it considered convincing to the fund.
The Tunisian government announced that the reforms it introduced were part of a participatory designed national reform program aimed at putting the Tunisian economy on the right track.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
