Tunisia: 2002 Article IV Consultation-Staff Report and Public Information Notice on the Executive Board Discussion

June 19, 2002

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Format: Chicago

Tunisia: 2002 Article IV Consultation-Staff Report and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2002) accessed December 22, 2024

Summary

This 2002 Article IV Consultation highlights that the real GDP of Tunisia grew by 5 percent in 2001 compared with 4.7 percent in 2000, despite a contraction in agricultural output of 1.5 percent caused by a third consecutive year of drought. Activity was particularly robust in the mechanical–electrical industry, which grew by 14 percent, and the textile industry, which expanded by 12 percent. The authorities now face the challenge of reining in strong demand, which has put pressures on the external position and lowered foreign exchange reserves.

Subject: Balance of payments, Banking, Commercial banks, Credit, Current account deficits, Exchange rate policy, External debt, External position, Financial institutions, Foreign exchange

Keywords: Commercial banks, CR, Current account deficits, Debt service, Exchange rate, Exchange rate policy, Foreign currency, Global, ISCR, Labor market, Liberalization, Maghreb, Monetary policy, Price, Privatization, Rate policy, Short-term debt, State, Trade restrictiveness index

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/122
Stock No:

1TUNEA0042002
ISBN:

9781451837865
ISSN:

1934-7685

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