The global economy has been undergoing for several years a phase of profound mutation. After the international financial crisis of 2008, then the shock of the pandemic and recent geopolitical tensions, states have had to rethink their economic priorities. The question is no longer that of rapid growth, but above all that of resilience, financial stability, and the capacity of economies to absorb successive shocks.
Today, Tunisia is evolving in this same global dynamic. Admittedly, budgetary and monetary constraints remain substantial, but several indicators also show that the country is gradually entering a phase of more structured rebalancing, driven by better inflation control, relative stabilization of external balances, and notable resilience of the banking system.
In fact, the Tunisian economy is not only facing challenges. It also stands at a turning point where the economic and financial choices of the coming years could open the way to a new cycle of transformation.
For a stabilization of the major balances
After the strong inflationary tensions observed from 2022 onward, Tunisia is progressively recording an improvement in several macroeconomic indicators. Inflation, which had risen above 10% in 2023, continues on a downward trajectory thanks to the easing of international pressures on commodities, the more prudent monetary policy of the Central Bank of Tunisia, and better control of certain internal supply tensions.