Tunisia's economy to shrink by 6.5 percent: Minister

Tunisia's economy will shrink by 6.5 percent this year due to the pandemic, said Investment Minister Slim Azzabi. In an effort to cushion the impact of the lockdown on its economy, Tunisia ended all restrictions on movement and businesses last month. However, the pandemic is hammering the tourism sector, which contributes nearly 10 percent of gross domestic product (GDP) and is a key source of foreign currency.