Arab Today, arab today tunisia cuts 2012 growth forecast to 35
Last Updated : GMT 18:55:00
Arab Today, arab today
Arab Today, arab today

Tunisia cuts 2012 growth forecast to 3.5%

Arab Today, arab today

Arab Today, arab today Tunisia cuts 2012 growth forecast to 3.5%

Tunis - Agencies

Tunisia has cut its economic growth forecast for this year to 3.5 percent, down from a previous forecast of 4.5 percent due to declines in foreign investment and tourism, a finance ministry official said on Tuesday. \'In the supplementary budget, we have changed the outlook to 3.5 percent,\' junior minister Slim Besbes said.      Tunisia\'s government said in December the economy would grow 4.5 percent in 2012, but ongoing strikes have put off foreign investment, forcing it to cut its forecast. An uprising in January 2011 forced Zine al-Abidine Ben Ali to leave Tunisia after almost 23 years in power, sparking the \'Arab Spring\' revolts that have swept the Middle East. But the protests and strikes that followed forced some businesses to suspend operations and drove away foreign tourists, on whom Tunisia relies for much of its revenue.    A moderate Islamist party won the election held in the wake of the revolution, and now leads a coalition government. The party\'s leaders have sought to reassure investors and tourists and promised to pursue business-friendly policies, but their left-wing secular opponents have organised successive strikes and protests that have undermined efforts to restart the economy, which shrank 1.8 percent in 2011. The government has also revised up its spending in the new supplementary budget for 2012. \'The supplementary budget also includes an increase in spending of one billion dinars ($664 million),\' Besbes added. The government last December allocated 5.2 billion dinars for development spending in 2012 far below the 13.5 billion budgeted for 2011.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tunisia cuts 2012 growth forecast to 35 Arab Today, arab today tunisia cuts 2012 growth forecast to 35

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tunisia cuts 2012 growth forecast to 35 Arab Today, arab today tunisia cuts 2012 growth forecast to 35

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday