Tunisia: Moody’s forecasts 1.7% growth for country’s economy in 2023

Moody’s forecasts Tunisia’s economic growth to remain subdued at around 1.7%, below the Tunisian government’s forecast of 1.8% growth in 2023.

This weak economic growth results from declining economic activity in the euro area – which absorbs around two-thirds of Tunisia’s goods exports – and continuing constraints to investment, said Moody’s.

The rating agency stressed in its recent rating of Tunisia while the 2023 budget…