Current Account in Tunisia
Tunisia - Current AccountStrong tourism and a good performance from the agricultural sector likely buttressed growth in Q3, although the large trade deficit remains a key source of concern. Despite having unlocked loans worth USD 747 million from the IMF and the World Bank in recent weeks, on 8 October Moody’s downgraded Tunisia’s outlook to negative, citing the country’s rapidly depleting foreign exchange reserves. In October, the government issued USD 570 million of sovereign bonds, and presented a fairly expansionary draft 2019 budget with one eye on next year’s elections.
Tunisia - Current Account Data
|Current Account (% of GDP)||-8.4||-9.1||-8.9||-8.8||-11.4|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia Current Account Chart
Source: Central Bank of Tunisia and Met the why particular calculations.
|Bond Yield||6.97||0.0 %||Mar 15|
|Exchange Rate||2.92||-0.27 %||Nov 13|
|Stock Market||0.1||0.05 %||Nov 08|
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