Tunisia: 2012 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia

September 4, 2012

Preview Citation

Format: Chicago

Tunisia: 2012 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, 2012) accessed December 24, 2024

Also available in: français

Summary

This 2012 Article IV Consultation highlights that Tunisia experienced a severe recession in 2011 amid domestic and regional turmoil. Real GDP contracted by 1.8 percent, reflecting a sharp decline in tourism and foreign direct inflows. As a result of the economic downturn and the return of Tunisian workers from Libya, unemployment soared to 19 percent in 2011, with youth unemployment at 42 percent. Tunisia’s medium-term economic growth potential remains favorable, but unleashing it requires a comprehensive package of structural reforms to foster private investment.

Subject: Expenditure, Fiscal policy, Fiscal stimulus, Imports, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Authorities' intention, Authority, Banking system liquidity, CR, Europe, Exchange rate, Fiscal stimulus, Global, Government, ISCR, Liquidity injection, Public investment and public-private partnerships (PPP), Public investment spending, Tunisia, Tunisian authorities, Tunisian authority

Publication Details

Pages:

73
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2012/255
Stock No:

1TUNEA2012002
ISBN:

9781475505832
ISSN:

1934-7685

Notes

Also available in French

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports