July 13, 2020 / 10:31 AM / 22 days ago

Tunisia's investment minister says economy will shrink by 6.5% this year

TUNIS (Reuters) - Tunisia’s economy will shrink by 6.5% this year because of the effects of the COVID-19 pandemic, the investment minister, Slim Azzabi, said on Monday.

Tunisia ended all restrictions on movement and businesses last month. However, the pandemic is hammering the tourism sector, which contributes nearly 10% of gross domestic product and is a key source of foreign currency.

Reporting By Tarek Amara; Editing by Jon Boyle

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