Tunisia's Economy Shows Resilience Amid Global Shocks

Tunisia's economy has shown a relative resilience to global economic shocks, according to Minister of Economy and Planning Samir Abdelhafidh. Despite ongoing pressures related to geopolitical conditions, the energy crisis, and disparities in sectoral performance, Abdelhafidh emphasized the importance of continuing to implement the development plan, supporting public enterprises, and strengthening the foundations of the social state.

The global economy continues to face interconnected challenges, including the ongoing war in the Middle East and its impact on international trade, as well as ongoing pressures on energy markets and forecasts of continued monetary policy tightening. These factors affect the investment climate and make it difficult to prospect economic outlooks.

The current situation imposes additional challenges on economies linked to external markets due to increased uncertainty regarding production and financing costs, as well as the evolution of global demand. This situation requires businesses to adapt to external changes, maintain a cohesive productive fabric, and diversify growth sources.

Abdelhafidh noted that Tunisia's economic resilience reflects the ability of economic activity to continue operating in a difficult international and regional environment, despite pressures on various sectors. He also emphasized the state's commitment to its social role and support for public enterprises to improve their productivity and performance.

The minister highlighted the importance of diversifying Tunisia's productive base to mitigate risks and reduce dependence on a single sector's growth. This approach can help reduce the impact of declines in certain activities, provided that conditions are in place to ensure continuous production and improved productivity.

Abdelhafidh also noted that Tunisia's economy remains exposed to the repercussions of external crises and the sensitivity of certain activities to fluctuations in international demand and energy costs. He emphasized the need to strengthen adaptation capacity and improve the investment climate to support growth and preserve economic stability.

The demand for Tunisian products, particularly from the European Union, is expected to continue growing, according to the Tunisian Institute of Competitiveness and Quantitative Studies. This growth in external demand is crucial for supporting export activities, industrial production, and services related to international markets.

Key points

• Tunisia's economy shows resilience amid global shocks, with a growth rate of 3.3% forecast for 2026.
• The country's economic growth is dependent on external demand, particularly from the European Union.
• The government aims to support public enterprises and strengthen the foundations of the social state to promote economic stability.