Tunisia’s Drought Chops 1 Percent off GDP Growth Forecast

Published May 24th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Tunisia's GDP growth forecast for the year 2001 has been revised downward from 6.2 percent to 5.2 percent because of the drought afflicting the cereal and olive harvest, particularly in the central and southern provinces of the country, Upline Securities reported. 

An extensive irrigation system and strong performances by non-agricultural sectors have reduced the impact of drought in Tunisia, it added, noting that the country could produce between 4 million and 5 million quintals of cereal even without rainfall. 

Despite the drought, the news service said Tunisia was to have plentiful products of meat, vegetables, and dairy products for this year – Albawaba.com

© 2001 Al Bawaba (www.albawaba.com)

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content