The increase of the trade deficit
is the biggest concern for the country.
2 per cent, thus expanding the trade deficit
had a $347 billion trade deficit
in goods with China in 2016, and Trump has previously laid the blame for the figure with his predecessors.
The higher trade deficit
is on an already higher base, as Pakistan had closed the last fiscal year at a record $32.
The increase in trade deficit
is putting further pressure on the foreign exchange reserves of the country.
Analysts believe rising trade deficit
is a serious challenge for the government.
This situation has further contributed to the depreciation of the Tunisian Dinar against major currencies," noted the BCT, before stressing that control of the trade deficit
remains largely dependent on the promotion of exports through the diversification of exported goods, the improvement of competitiveness as well as the conquest of new external markets, particularly those of sub-Saharan Africa and the Gulf countries.
The Observatory noted that "the IMF is putting pressure on the BCT, in order to lower the value of the dinar, in order to improve the competitiveness of exporters, a move that is likely to boost exports and consequently reduce trade deficit
in the medium term.
While the trade deficit
with China grew, there was improvement in other areas.
The trade deficit
for January-April 2016 was BGN 1.
The BCC's economic forecast sees earnings growth accelerating over the next three years, but youth unemployment remaining high and the trade deficit
- the shortfall between imports and exports - rising.
The US trade deficit
in March jumped to the highest level in more than six years as a small increase in exports was swamped by a flood of imports from autos to cellphones, AP reported.