October 12, 2017 / 12:38 PM / 2 months ago

Tunisian trade deficit widens 23 pct in first nine months

TUNIS (Reuters) - Tunisia’s trade deficit widened 23 percent year on year in the first nine months to 11.480 billion dinars, the State Statistics Institute said on Thursday.

Tunisian employees work at an underwear factory in Sfax, 260 km (162 miles) south of Tunis, file. REUTERS/Zoubeir Souissi

The growing deficit is one of the main problems facing the government of Prime Minister Youssef Chahed.

It has contributed to an erosion of Tunisia’s foreign currency reserves, which sank to just 90 days of imports in July, the weakest in three decades.

The deficit with China alone reached 8.3241 billion dinars.

In an attempt to curb the deficit, Tunisia in April imposed restrictions on imports of some goods.

Reporting By Tarek Amara; editing by John Stonestreet

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