The head of government, Sarra Zaafrani Zenzri, affirmed on Wednesday that the Tunisian economy is entering a real phase of recovery, marked by a notable improvement in the main macroeconomic indicators.
Growth of 3.2% and a return of economic confidence
Speaking at a joint plenary session of the Assembly of People’s Representatives (ARP) and the National Council of Regions and Districts (CNRD), dedicated to the presentation of the state budget and the 2026 economic budget, Zenzri highlighted that the gross domestic product (GDP) grew by 3.2% in the second quarter of 2025, compared to 1.4% in the same period of 2024.
This dynamic reflects, according to her, “a sustained economic recovery”, driven by the good performance of agriculture, construction, the manufacturing industry and services.
Controlled inflation and monetary stimulus
The head of government highlighted the drop in the inflation rate, from 6.7% in September 2024 to 5% in September 2025, then to 4.9% in October, which testifies, according to her, to “the effectiveness of the monetary policy adopted”.
This development allowed the Central Bank of Tunisia to reduce its key rate to 7.5% at the end of March 2025 – a first since 2022 -, thus promoting the revival of investment and the reduction of the cost of credit for households and businesses.
Deficit under control, dinar strengthened and solid reserves
Zenzri also welcomed the control of the trade deficit and the stability of the exchange rate, stressing that foreign currency reserves reach 106 days of imports as of October 31, 2025.
This progress results from the increase in tourism receipts (+8.2%) and transfers from Tunisians living abroad (+8.1%).
The Tunisian dinar also appreciated against the dollar (+2.8%) and the euro (+0.5%), compared to 2024.
Increasing investments and ongoing projects
The head of government finally mentioned the increase in foreign direct investment, up 21.3% in the first half of 2025, compared to the same period in 2024.
She also welcomed the progress of major infrastructure projects, particularly in the transport, health and renewable energy sectors, believing that they constitute essential levers for future growth.
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