X
Latest News:
U.S. likely to target more Chinese entities over North Korea 'fairly soon'      Rescued from Islamic State, Yazidi boy longs to rejoin mother in Canada      Venezuelan business group urges government to abort congress vote      France appeals for help in fighting Cote d'Azur fires      EU extends mandate of naval operation in Mediterranean      Three aid trucks enter Eastern Ghouta: activists      Lebanese army kills two Syrian refugees in Arsal      Kurdish official says US role essential in post-ISIS Syria     
    Established by Fathi Ibrahim Bayoud 2005 - Homs

    Tunisia will restrict some imports to tackle trade deficit

    | 2017-04-21 12:20:49
    Tunisia will restrict some imports to tackle trade deficit

    Tunisia will restrict some imported goods to tackle its widening trade deficit and protect foreign reserves as the local dinar currency slides to historic lows against the euro, Prime Minister Youssef Chahed said Friday.

    "The fall of the dinar reflects this enormous trade deficit but there is no need to panic. We will take some decisions.. We will limit some random imports. We have a lot of unnecessary imports," he told reporters at an event in Sfax city. He said a cabinet meeting next week would decide on the details of the restrictions. Tunisia's trade deficit expanded by 57 percent to reach $1.68 billion in the first quarter of this year because of a jump in imports.












    Keywords:  Tunisia
    Comments (0)
    Post Your Comments
    fill all fields below
    *
    Name
    *
    Will now be shown
    *
    Comments
    635
    *
    This confirmation code will prevent auto submit