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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Tunisian trade deficit widens 23 pct in first nine months

Monday, October 16, 2017 > 11:23:55
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Naija 247 News

Tunisia’s trade deficit widened 23 percent year on year in the first nine months to 11.480 billion dinars, the State Statistics Institute said on Thursday.

The growing deficit is one of the main problems facing the government of Prime Minister Youssef Chahed.

It has contributed to an erosion of Tunisia’s foreign currency reserves, which sank to just 90 days of imports in July, the weakest in three decades.

The deficit with China alone reached 8.3241 billion dinars.

In an attempt to curb the deficit, Tunisia in April imposed restrictions on imports of some goods.


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