Tunisia sets economic priorities for 2027 budget amid global uncertainty

Tunisia is charting its economic course for 2027, with a newly defined set of priorities aimed at navigating global uncertainties. The nation registered a 2.4% Gross Domestic Product (GDP) growth in the first half of 2026. Several key economic indicators have shown favorable movement, including inflation, unemployment, and foreign direct investment, according to data presented during a ministerial council meeting.

The council, chaired by Head of Government Sarra Zaafrani Zenzri, focused on the draft economic budget for 2027. Zenzri emphasized that this budget should serve as a tool to implement the state's economic and social strategies and define national priorities. It must also align with the 2026-2030 Development Plan and the state's finance and budget laws for 2027.

Key economic strategies for the upcoming period include bolstering both public and private investment, accelerating the completion of ongoing projects, and improving the overall business environment. Enhancing the competitiveness of the national economy is also a central objective. Minister of Economy and Planning Samir Abdel Hafidh reported that GDP grew by 2.3% in the second quarter of 2026, with economic activity increasing by 1.4% compared to the first quarter.

Sector-specific performance varied, with agriculture showing improved production, particularly in cereal and olive oil. Mechanical and electrical industries also demonstrated strong results, driven by export potential and job creation. The tourism sector proved resilient, and foreign direct investments saw an uptick. Furthermore, the government noted a decrease in the unemployment rate to 14.9% from 15.3% the previous year, continuing a downward trend. Investments in renewable energy also showed positive momentum. Despite these positive internal indicators, the 2027 budget must be formulated against a backdrop of significant international uncertainty, including a global growth slowdown, geopolitical and trade tensions, and volatile commodity prices.