Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Tunisia

June 2, 2016

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Format: Chicago

Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Tunisia, (USA: International Monetary Fund, 2016) accessed November 5, 2024

Also available in: français

Summary

This paper presents an overview of the macroeconomic condition of Tunisia. Tunisia has managed to preserve macroeconomic stability and initiate fiscal and banking reforms in a context marked by a prolonged political transition, spillovers from the crisis in Libya, and numerous exogenous shocks, including terror attacks. However, important vulnerabilities remain: economic activity is weak, employment is low, social tensions linger, spending composition has deteriorated, and external imbalances are high. To tackle these issues, Tunisia formulated a five-year (2016–20) economic vision in 2015, which is being developed into a detailed plan. The vision aims at promoting stronger and more inclusive growth in Tunisia.

Subject: Banking, Civil service reform, Credit, Energy subsidies, Expenditure, External debt, Labor, Money, Public debt

Keywords: Amount, Business plan, Civil service reform, CR, Credit, Energy subsidies, Europe, Global, Government, Government decree, Government equity share, Government presence, Guarantee fund, ISCR, Tunisian authorities

Publication Details

Pages:

106
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/138
Stock No:

1TUNEA2016002
ISBN:

9781484373149
ISSN:

1934-7685

Notes

Also Available in French

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