IMF Staff Country Reports

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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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 21, 2024

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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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/138

  • Stock No:

    1TUNEA2016002

  • ISBN:

    9781484373149

  • ISSN:

    1934-7685

Notes