Tunisia's Prime Minister, Najla Bouden, has announced that the country's economy is expected to grow by 3.1% in 2027, up from 2.7% in 2026. This growth is attributed to an expected recovery in industrial and extractive activities, improved performance in the services sector, and continued acceleration of investment projects. The growth is expected to lead to a 7.2% increase in per capita income in 2027.
Bouden emphasized that 2027 is a crucial year for Tunisia's development plan, which aims to transition the economy from a phase of resilience to one of more dynamic and balanced growth. The plan focuses on diversifying drivers of growth, promoting promising sectors, and creating wealth. The government aims to reach the top third of middle-income countries by 2030.
To achieve this goal, the government is prioritizing structural reforms to support growth and investment, improve the business climate, and develop human capital. The reforms also aim to accelerate digital transformation and facilitate private initiative. Bouden highlighted the importance of attracting foreign investment, particularly in high-value-added sectors.
The government's development plan also focuses on improving the performance of public institutions, developing governance, and enhancing social protection systems. The plan aims to reduce pressure on the labor market and direct investments and resources towards priority areas with the greatest impact on productivity.
According to Bouden, the government's efforts will focus on establishing a sectoral dynamic that drives growth and promising activities, accelerating the transition to renewable energy, and promoting digital transformation. The government also aims to control the current deficit and maintain a stable level of foreign exchange reserves.
Inflation control is also a key priority for the government, as it directly affects purchasing power, production costs, and the competitiveness of the economy. Bouden stated that the expected growth in 2027 will be driven by the agricultural and industrial sectors, with improvements in the performance of non-manufacturing industries and extractive industries.
The services sector is also expected to grow, driven by the tourism, transportation, financial services, and insurance sectors, as well as the communications sector. The government's development plan aims to promote sustainable and competitive economic growth, increase productivity, and create wealth.
Key points
- Tunisia's economy is expected to grow 3.1% in 2027, with a 7.2% increase in per capita income.
- The government's development plan prioritizes structural reforms, investment promotion, and human capital development.
- The plan aims to transition Tunisia's economy to a more dynamic and balanced growth model, with a focus on diversifying drivers of growth and promoting promising sectors.
