Tunisia: Economy Grew in Third Quarter of 2022

Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
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Tunisia: Economy Grew in Third Quarter of 2022

Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui

Tunisia's economy grew by 2.9% in the third quarter of this year, driven by growth in the services sector, the state statistics institute said on Tuesday.

In the same period last year, growth was 1.7%.

“Over the three months from July to September, the gross domestic product increased by 2.9% on an annual basis, marking an acceleration compared to the two previous quarters (respectively at 2.3% and 2.6%),” it said.

“Despite a difficult global environment and record inflation, economic activity is continuing its recovery dynamic after the 2020 health crisis; a process that is still incomplete, since the national income still remains below its level at the end of 2019,” it added.

Tunisian Minister of Tourism Mohamed Moez Belhassine also announced that the tourism sector welcomed this year more than 5.4 million tourists till November 10, a huge increase (174 percent) compared to the same period last year.

Despite the positive developments in the sector, the number falls short of the influx of tourists in 2019.



Saudi and Qatari Finance Ministers Sign Cooperation MoU

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
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Saudi and Qatari Finance Ministers Sign Cooperation MoU

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari have signed an MoU to cooperate in the finance sector.

The MoU was signed Thursday on the sidelines of the 122nd meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee in Doha, Qatar.
‏Aljadaan said that the MoU is part of efforts to strengthen relations between Saudi Arabia and Qatar in the finance sector, including microeconomic policy, public sector laws, and legislation to enhance economic growth in the region.
‏Al Kuwari noted the importance of the MoU and its potential impact in exchanging expertise and information in the finance sector to enhance and strengthen relations between the two nations.