2024-09-04 09:12:24
largeTunisia is eager to improve its economic performance in the next phase, thereby opening the door to growth and competitiveness. It must face so many economic challenges in order to consolidate its position domestically, regionally and internationally.
These challenges have been a source of concern for economic operators and citizens for many years. Tunisia has the human and natural resources that allow it to build a strong economy. Current priorities include protecting the middle class and vulnerable groups weakened by rising prices by working to preserve the purchasing power and dignity of citizens. It is also necessary to strengthen regional development balance, reduce inflation, ensure food self-sufficiency, especially in strategic sectors such as cereal cultivation, accelerate the implementation of structural reforms in various sectors such as agriculture, industry, energy, transport, services, etc., and ensure fair distribution of wealth.
In addition, there is the water challenge. Low rainfall and high water pressure Tunisia faces the dilemma of diversifying and rationalizing water sources. The option of a desalination plant is conducive to meeting people’s drinking water needs. The same is true for energy transformation and greenhouse gas emission reduction policies, which must meet these challenges. To protect the climate in line with the country’s international commitments.
Productive investment is therefore the channel through which economic growth can be transformed to deepen the economic structure. As in many developing economies, Tunisia’s economic problems are not recent. Nor are they cyclical. They are the result of national and international circumstances and long-term political choices. The international environment plays an important role in the economic situation. The inflationary pressures that affect most world economies are not without their influence in Tunisia. In this context, the government must show flexibility and efficiency to preserve economic stability.
Internally, the national economy has shown remarkable resilience in the face of successive endogenous and exogenous shocks. According to the latest indicators for the first half of 2024, the Tunisian economy presents a mixed picture, with signs of moderate growth but also facing ongoing challenges. According to data from the National Institute of Statistics (INS) on the quarterly evolution of economic growth in the second quarter of 2024, the Tunisian economy grew by more than 1% in gross domestic product (GDP) adjusted for seasonal changes. year.
According to the World Bank, Tunisia’s economic forecast for the second half of 2024 is for a modest growth of 2.4%. This growth will depend on several factors, including improved climatic conditions and the implementation of necessary reforms.
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