With 189 member countries, staff from more 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure forex institutional research jobs everyone sees benefits from economic growth.
Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Tunisia’s growth performance in the post-Revolution period remains weak despite a modest acceleration in 2017. 5 percent post-Revolution compared to 4. 5 percent in the five years before it.
9 percent in 2017 compared to 1. Youth and women have been particularly affected by the lack of economic opportunity: Tunisia is one of the few countries where a higher level of education decreases employability, in particular for women. Youth and women, in inland areas, are affected to the greatest degree, and the resulting growing outward migration of youth from these regions poses a growing threat to Tunisia’s long term economic competitiveness. Tunisia has continued to make progress in establishing a democratic governance system. Local elections are scheduled for May 2018, constituting a further significant step in the political transition process.
Dinar, due to social movements in mining regions, low oil prices and reduced investment in prospecting. Moreover, the contribution of investment, exports and productivity to growth are significantly below their pre-Revolution levels. Unemployment is high, particularly for youth and women, and in the interior regions, given limited progress towards greater job creation, one of the chief demands of the 2011 revolution. Unemployment has declined from its peak of 19 percent in 2011, right after the revolution, to 15. This poor performance is driven by weak job creation in the post-revolution period.
Tunisia faces large fiscal and external deficits and high debt. 1 percent of GDP in 2017, 1 percentage point of GDP above the initial budget, due mainly to higher wage bill spending. The current account deficit reached a record 10 percent of GDP in 2017 as export growth remained low compared to import growth, despite a gradual depreciation of the Dinar. 28 percent of the population also receives health care insurance cards through this program for subsidized services.