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The International Monetary Fund (IMF) approved a fourth tranche of loans worth US $ 2.9 billion to Tunisia for US $ 2.9 billion.
In a statement from the IMF, the IMF agrees with Tunisia released the fourth tranche of $ 249 million of credit of $ 9 billion.
In the IMF statement, the monetary policy of inflation, which reached 7.7% in April and the highest level since 1991,
In contrast, inflation in Tunisia rose to 7.8% in June, breaking the record, while the Central Bank of Tunisia raised its reference interest rate by 100 points to 6.75 to fight against high inflation.
Meanwhile, the depreciation of the Tunisian religion by about 20% against the dollar and the euro has supported inflationary pressures.
Tunisia
On the other hand, tourism revenue in the first six months increased by 48% over the same period of time. last year and reached about 492 million,
The rating agency Moody's estimated that "after the three terrorist attacks targeted by tourists in 2015, improving the security situation , increasing tourism receipts, increasing demand in the euro area and creating a growth economy. "
Tunisia, which managed to achieve democratic results through the Arab Spring process, did not meet expectations such as economic growth, high employment and the increase of the property be social. the budget adopted last December caused the increase in surplus in the first month of the year and the "cost of living events" across the country.
While the Tunisian government aims to reduce the budget deficit to 4.9% in 2018 compared to the gross domestic product (GDP) of last year, last year's GDP increased by 2% last year, 3% growth to 3%.
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