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Analysis by Region - Africa - Tunisia

Publisher Oxford Economics
Published Mar 25, 2022
Length 6 Pages
SKU # OFE17053222

Description

Analysis by Region - Africa - Tunisia

Russia's invasion of Ukraine could impact the Tunisian economy through three channels: food, fuel, and tourism. This presents tangible risks to the North African country's economic growth and led us to lower our growth forecast for 2022 from 3.4% to 2.0%. Tunisia's lack of access to international markets will continue to lessen the government's space for fiscal manoeuvring, which limits the government's ability to cushion the population from these external headwinds.

Table of Contents

6 Pages
Tunisia: IMF deal could be a tipping point
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
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