10/17/2023 0 Comments Greatest tank battles tunisia youtube![]() The GDP collapsed 8.6 percent in 2020 compared to 2019, the budget deficit widened to 10.2 percent of the GDP, and the country’s public debt reached 87.6 percent of the GDP at the end of 2020. Indeed, the Covid-19 pandemic and its resulting health crisis only further deteriorated the Tunisian economy, which was already fragile and facing many structural obstacles exacerbated by the political instability that followed the 2011 revolution. Today, Tunisia is afflicted by increasing economic disparities that favor its coastal regions, which account for more than 80 percent of urban areas and 90 percent of overall employment. Yet, these objectives were ultimately unrealistic. Among its objectives, the plan foresaw an annual GDP growth of 4 percent, a 30 percent improvement in the share of high-growth activities, a 30 percent gap reduction in regional development indicators, and the creation of 400,000 jobs by the end of 2020 intended to reduce the unemployment rate from 15 percent to 12 percent and lessen the poverty rate by 2 percent. Indeed, the set of strategies and reforms initiated by the 2016-2020 National Development Plan were designed to improve the socioeconomic conditions of the country and consolidate the connections between its different regions in order to reduce poverty and growing regional inequalities. In Tunisia, the challenges of local human and business development – along with fixing the economic disparity between the country’s different regions – has long been a major concern of state authorities.
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