{"id":57967,"date":"2017-08-15T17:14:00","date_gmt":"2017-08-15T19:14:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/tunisias-gdp-up-1-9-in-h1\/"},"modified":"2019-06-30T12:45:46","modified_gmt":"2019-06-30T15:45:46","slug":"tunisias-gdp-up-1-9-in-h1","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/tunisias-gdp-up-1-9-in-h1\/","title":{"rendered":"Tunisia\u2019s GDP up 1.9% in H1"},"content":{"rendered":"<p>Tunis &ndash; Tunisia&rsquo;s economy grew by 1.9% in the first half of 2017, a higher rate than the 1% growth registered in H1 2016, <em>Tunis Afrique Presse (TAP) <\/em> quoted the director-general of the National Statistics Institute (INS, in the French acronym), Hedi Saidi, as saying this Tuesday (15).<\/p>\n<p><!--[{![cemb_9_714805_2]!}]--><\/p>\n<p>GDP increased by 1.8% in quarter two, driven by 3.8% growth in agriculture, 4.2% growth in services and 0.2% growth in the public sector. <\/p>\n<p>Saidi pointed out that the services sector result came from advances in transportation, finance and tourism. Industry activity, however, shrank by 2% as a result of delays in oil and gas production operations, which led to a 5.3% drop in extraction industries activity. <\/p>\n<p>&ldquo;Growth in the first half of 2017 would have reached 2.3% instead of 1.9% if energy sector results had been better,&rdquo; Saidi said at a press conference according to <em>TAP<\/em>.<\/p>\n<p>The minister of Development, Investment and International Cooperation, Fadhel Abdelkefi, added that H1 performance was in line with the government&rsquo;s estimates of 2.3% to 2.5% GDP growth for the entire year. <\/p>\n<p><strong>Investments <\/strong><\/p>\n<p>This Tuesday, Tunisia&rsquo;s government also said that Foreign Direct Investment (FDI) flows increased by 1.8% year-on-year in H1 to TND 967.8 million (USD 401 million).<\/p>\n<p>The president of the Tunisian Investment Authority (ITI, in French), Khalil Laabidi, said the bulk of investments went into energy and industry, with a smaller share going into services and agriculture. <\/p>\n<p>&ldquo;This positive FDI trend in Tunisia reflects the return of confidence in our country as an investment destination,&rdquo; Laabidi said speaking at another press conference, according to <em>TAP<\/em>. <\/p>\n<p>The government expects FDI to hit TND 2.5 billion (over USD 1 billion) in 2017, and TND 3 billion (USD 1.24 billion) in 2018. According to Laabidi, foreign investment in H1 will lead to 3,726 new jobs being created. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-189109\">Fethi Belaidi\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Arab country saw Gross Domestic Product growth outpace the 1% rate recorded in the first half of 2016.<\/p>\n","protected":false},"author":2316,"featured_media":189109,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-57967","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"The Arab country saw Gross Domestic Product growth outpace the 1% rate recorded in the first half of 2016.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=57967"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/189109"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=57967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=57967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=57967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}