IMF forecasts better economic growth in Tunisia in coming years

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The growth rate in Tunisia estimated at 1.5% in 2019 will increase to 2.4% in 2020 and 4.4% in 2024, predicts the International Monetary Fund (IMF) in its recent report on "The prospects of the Global Economy 2019, published in conjunction with its Assemblies in Washington from 14 to 20 October 2019.

According to this report, the inflation rate will be in a downward trend, going from 6.6% in 2019 to 5.4% in 2020, to reach 4% in 2024.

Internationally, the IMF estimates that global growth has again been revised downward for 2019, to 3%, its slowest pace since the global financial crisis. According to the report, this is a serious step back from the 3.8% rate in 2017, when the world economy was experiencing a synchronized recovery.

"The slowdown in growth is the result of increased trade barriers, heightened uncertainty surrounding trade and the geopolitical situation, specific factors that cause macroeconomic stress in several emerging countries, and structural factors. including low productivity and aging of the population in advanced countries, "the IMF said in its report.

According to the same source, "in 2020, global growth should improve slightly to 3.4%, which corresponds to a 0.2% downward revision of the April projections. However, unlike the synchronized slowdown, this recovery is not widespread and is precarious. Growth in advanced economies is expected to slow to 1.7% in 2019 and 2020, while growth in emerging markets and developing countries is expected to accelerate from 3.9% in 2019 to 4.6% in 2020 ".

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https://www.huffpostmaghreb.com/entry/le-fmi-prevoit-une-meilleure-croissance-economique-en-tunisie-dans-les-annees-a-venir_mg_5da6f029e4b002e33e77d235

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