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

International Monetary Fund

No 2016/138, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; government presence; business plan; Tunisian authorities; amount; government equity share; government decree; guarantee fund; Civil service reform; Energy subsidies; Credit; Global; Europe (search for similar items in EconPapers)
Pages: 106
Date: 2016-06-02
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