Fabrib
Forumer storico
TUNIS (Reuters) - Tunisia's economic growth slowed to 1.1 percent year-on-year in the first quarter of 2019, as agricultural activity declined, the state statistics institute said on Wednesday.
That compared with 2.7 percent in the same quarter last year and 2.1 percent in the last three months of 2018.
Despite the weaker first quarter data, annual growth is expected to reach about 3 percent this year, compared to 2.5 pct percent in 2018. Tunisia also aims to cut its budget deficit from 5 pct in 2018 to 3.9 pct in 2019.
That compared with 2.7 percent in the same quarter last year and 2.1 percent in the last three months of 2018.
Despite the weaker first quarter data, annual growth is expected to reach about 3 percent this year, compared to 2.5 pct percent in 2018. Tunisia also aims to cut its budget deficit from 5 pct in 2018 to 3.9 pct in 2019.