In its economic newsletter titled: Reality Check: Growth Forecasts in the Middle East and North Africa Region in Uncertain Times
The World Bank estimated on Thursday that the inflation rate in Tunisia would stabilize at 6.5 percent in 2022 and 2023, the same rate recorded in 2021.
In its bulletin entitled “Reality check: growth forecasts in the Middle East and North Africa region in times of uncertainty”, the WB notes that the Tunisian economy contracted by 9.2% in 2020, recorded growth of 2.9% in 2021, and forecasts growth of 3% in 2022 and 3.5% in 2023.
The inflation rate in Tunisia has continued its upward trend over the past four months, reaching 7.2% in March, against 7% in the previous February.
Tunisia is suffering from an unprecedented economic and financial crisis, exacerbated by the repercussions of the coronavirus crisis, and the political instability in the country.
Tunisia is trying to conclude a new agreement with the International Monetary Fund in order to obtain a loan of around 4 billion dollars intended to support its budget.
