Tunisian tourism is expected to make a quick recovery (Photo: Reuters)
Tunisia's government expects the economy to grow 4.5 per cent next year, bouncing back from a slump caused by the impact on tourism of the country's revolution, according to the draft budget for 2012.
Gross domestic product (GDP) growth is forecast to be 1 per cent at most this year, after the revolution in January and the instability that followed it prompted many foreign tourists -- one of the biggest sources of income -- to cancel bookings.
Tunisian officials are predicting the economy will revive next year because of a recovery in tourist numbers and more foreign investment.
The 4.5 per cent GDP growth forecast was included in a draft budget which officials presented to the cabinet earlier this month, the TAP state news agency reported. The North African country's GDP grew 3.7 per cent in 2010.
A moderate Islamist party last week won Tunisia's first election since its revolution, and is expected to dominate a new coalition government. The party's leaders have promised to pursue liberal, business-friendly economic policies.