Monday, February 28, 2011

Tunisia lost 4 percent of GDP during revolt

The losses incurred by the Tunisian economy during the "Jasmine Revolution" are estimated at TD5 billion (US$3.52 billion), equivalent to 4 percent of the gross domestic product (GDP). This was disclosed Tuesday by Tunisia's Minister of Regional Development and Local Communities, Ahmed Chebbi.

Chebbi was quoted as saying: "preliminary estimate of losses is put at TD3 billion (US$2.11 billion), but there are medium and long term effects. We can estimate the total amount at TD5 billion, equivalent to almost 4 percent of the gross domestic product."

Tunisia protest
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/tunisia-lost-4-percent-gdp-during-revolt

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