Day: July 9, 2018

Tunisia: Nearly 6 Million Quintals of Grain Collected Up to July 5

BGMN

The volume of grain production collected till July 5, reached 5,806 million quintals on a harvested area of nearly 507,000 ha, that is 70% of the fields to be harvested. According to the General Directorate of Agricultural Production at the Agriculture and Fisheries Ministry, the grain fields affected by fires are estimated at 305 hectares, including 77 ha in Jendouba, 50 ha in Siliana, 40 ha in Beja and 30 ha in Bizerte. The Ministry forecasts for the season 2017-2018, a grain harvest of more than 14.3 million quintals (1.4…

IMF Executive Board Completes Third Review under the Extended Fund Facility (EFF) Arrangement for Tunisia

BGMN

The government’s reform program aims at strengthening the recovery by reducing macroeconomic imbalances, ensuring adequate social protection, and encouraging private sector-led job creation. Growth-friendly and socially conscious reforms will help reduce fiscal and current account deficits, reverse debt accumulation, and raise investment and social spending. Monetary policy should continue to focus on curbing inflation. On July 6, 2018 the Executive Board of the International Monetary Fund (IMF) completed the third review of Tunisia’s economic program supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review…

Trade deficit worsened to 8.16 billion dinars (INS)

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Tunisia’s trade deficit at current prices worsened during the 1st quarter of 2018 to 8.16 billion dinars (BD), announced Monday, the National Institute of Statistics (INS). The trade balance shows a deficit of 8,164.9 million dinars (MD), following the deficit recorded with certain countries, namely China (-2,569.8 MD), Italy (-1,329.2 MD), Turkey (-1,031.0 MD), Russia (-621.6 MD) and Algeria (-608.1 MD). On the other hand, the balance is in surplus with other countries mainly, France 1,729.5 MD, Libya 448.6 MD and Morocco of 209.8 MD. Excluding energy, the deficit in…

Libyan Airlines resumes flights to Tunisia

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Libyan Airlines has resumed flights to Tunisia after days of suspension. The head of the Information Office of the Libyan Airlines, Mohamed Gnewa, clarified that the company resumed its flights Sunday to Tunisia after a two-day of suspension. Gnewa added that the flights will return to normal schedule after being limited for the last two days on returning the stranded citizens in Tunisian airports. TunisianMonitorOnline (The Libya Observer)