(MENAFN) Tunisia has seen a recovery in its economy through a number of elements, such as an improvement in the agricultural sector, with opposite trends keep on distinguishing the economy in early 2018.
The International Monetary Fund (IMF) explained in its statement "opposite trends continue to characterize the Tunisian economy in early 2018. Economic growth is picking up, led by a good agricultural season, increases in investment and an early recovery in exports."
The IMF added "on the other hand, risks to macroeconomic stability have risen: inflation has risen rapidly to 7.6 percent in March, international reserves remain below 90 days of import cover, and public and external debts have reached 71 percent and 80 percent of GDP, respectively."
The mission has also suggested to the Tunisian government, so as to guarantee a drop in the budget deficit, to "reduce unfair energy subsidies through increases in domestic energy prices that follow international oil prices."
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