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Tunisia's Economy Grew 3.1% in 2021

TUNIS, March 15 (Reuters) - Tunisia's economy grew 3.1% in 2021, with the fast-expanding mining and gas sectors helping it bounce back from an 8.7% contraction in 2020, the state statistics institute said on Tuesday.

The economy grew 1.6% in the fourth quarter of 2021, the agency added.

The mining sector grew by about 78% and the oil while the natural gas sector expanded by 20%.

Tunisia's economy has been hit hard by the COVID-19 pandemic after years of stagnation compounded by political turmoil.

The North African country, which is suffering its worst financial crisis, is seeking an International Monetary Fund rescue package to avert a collapse in public finances.

Reporting By Tarek Amara; Editing by Andrew Heavens and Catherine Evans

Source: Reuters

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