Economic indicators show upward trend over last two months (minister) | Tunisia News Gazette

Economic indicators show upward trend over last two months (minister)

Economic indicators rebounded over the last two months, particularly when it comes to industrial investment intentions which

edged up 61% to reach 655 MTD against 407 MTD during the same period last year, said Minister of Industry and Small- and Medium-Sized Enterprises Slim Feriani.

Intentions of investment with foreign participation also rose 66.5%, along with industrial exports (+36.9%), which helped bring down the trade deficit.

Speaking at a workshop on entrepreneurship held as part of Bizerte Business Fair (March 29-31), Feriani reminded that Tunisia moved up two spots to 40th out of 137 countries in the 2018 Global Entrepreneurship Index.

The Minister also shed light on the recent measures adopted to stimulate investment, including access of businesses to the online trade register and the launch shortly of the three-year programme of support geared towards ailing SMEs. The aim, he said, is to deliver a boost to industrial exports (+13.2%) to reach 45 MTD in 2018 against 31 MTD in 2017 and increase industrial investments (+10%) from 2 250 MTD in 2017 to 3 000 MTD in 2018. An extra 72,000 jobs in 2018 is an additional goal.

Source: TAP News Agency

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