Tunisia’s budget deficit will expand to 9.7% of GDP this year, compared to a previously expected 6.7%, due to the stronger dollar and sharp increase in grain and energy prices, the central bank governor said on Friday.
Marouan Abassi added at an economic conference in Sfax that Tunisia needs additional funding for the budget of five billion dinars ($1.6 billion) this year due to the effects of the war in Ukraine.
