Economy

Tunisia-Hdidane: Tunisia will not experience stifling economic crisis this year

Economist Moez Hdidane expressed that after Tunisia managed to clear a large part of its debts and the trade deficit improved, it was likely for Moody’s to improve Tunisia’s credit rating, but it decided to preserve the same rating in exchange for an improved outlook for changing the rating in the future.

He added that the Tunisian economy is capable of supporting the current year without reaching an arrangement with the International Monetary Fund, particularly after the release of 850 million euros on February 17, which represents 25 percent of the service of external public debt for the year 2024, revealing that the difficulties facing the economy will not cause a suffocating financial crisis this year, according to his estimate.

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