Tunisia: 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia

November 12, 2004

Preview Citation

Format: Chicago

Tunisia: 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Also available in: français

Summary

This 2004 Article IV Consultation states that the strength of the Tunisian economy continued in 2003, and the short-term outlook is favorable. Favorable agricultural production and robust nonenergy exports contributed to high growth and a narrowing of the external current account deficit in 2003. Monetary policy remains prudent and inflation under control. Greater exchange rate flexibility and the appreciation of the euro vis-à-vis the United State dollar have led to a depreciation of the dinar in real effective terms.

Subject: Balance of payments, Banking, Commercial banks, Current account, External debt, Financial institutions, Nonperforming loans, Public debt

Keywords: Africa, Authorities' effort, Banking sector indicator, CFT regime, Commercial banks, CR, Current account, Europe, Fund, Fund surveillance, Global, ISCR, Liberalization, Maghreb, Middle East, Nonperforming loans, Phased approach, Policy advice, Record of transparency, Regime, Short-term debt, Tunisia, Tunisia-fund relation

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/359
Stock No:

1TUNEA0012004
ISBN:

9781451837810
ISSN:

1934-7685

Notes

Also available online in French.

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