French Treasury updates on Tunisian economy

The memorandum from the French Directorate General of the Treasury indicates that the Tunisian economy is on track to achieve a growth rate of 2.3% in 2026. However, growth expectations have been revised downward compared to previous forecasts due to the repercussions of the war in the Middle East. It also points to an increase in the current account deficit to 4.1% of GDP, resulting from a deterioration in the energy deficit, which rose by 30% in the first half of the same year. Additionally, the budget deficit is expected to reach 6% of GDP, with external financing challenges continuing, as foreign borrowing resources have diminished. Balancing economic and social indicators, the study reveals weaknesses in financial inclusion for women and youth: 41% of women have formal bank accounts, while 90% of young people earn less than 1,500 dinars, and 99% of them primarily use cash. There has been a decline in cargo volumes at ports, alongside an increase in container traffic and maritime tourism. The data underscores the need to address funding and energy challenges and to implement structural reforms to ensure the sustainability of Tunisia's economic growth.

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