Global Arab Network | An optimistic indicator - Tunisia maintains interest rate | Related news from Tunisia: "An optimistic indicator - Tunisia maintains interest rate PDF Print E-mail
Edited by George Haddad
Sunday, 02 August 2009 20:24
An_optimistic_indicator_-_Tunisia_maintains_interest_rate
The Board of the Central Bank of Tunisia gathered has decided to maintain its key interest rate as the Tunisian economic activity was marked by better level of production in the agricultural and non-manufacturing sectors.
At the National level, the Executive Board said in statement following the meeting: “economic activity was marked by better level of production in the agricultural and non-manufacturing sectors, contrasting with the ongoing impact of the drop in external demand in exports and production of manufacturing industries. Recent data on foreign trade show however some attenuation of the regression of exports in both textile / clothing and mechanical / electrical sectors” writes the communiqué.
“Tourism revenues went up by 4% as of current July 20 compared to the same period of 2008, while global bed nights went down by 5.8%.
On the monetary level, money supply (M3) and the financing to the economy went up, over the first half of 2009, by 5.6% and 4.7% respectively.
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Monday, September 21, 2009
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