Tunisia: Recent Economic Developments

International Monetary Fund

No 1996/027, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Tunisia during 1990–95. Despite adverse exogenous developments, including the Middle East crisis, weak economic growth in key European export markets and a severe drought, Tunisia achieved a strong economic performance during 1991–95. Real GDP growth rose to an annual average of 4.2 percent, resulting in an increase in per capita income of some 2 percent per year. Inflation fell from an average of 7 percent during the preceding five years to 5.8 percent during 1991–95.

Keywords: ISCR; CR; central bank; foreign direct investment; exchange rate; current account; money market; financial support; net importer; concentration ratio; Agricultural sector; Imports; Exports; Agricultural commodities; Middle East; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 100
Date: 1996-05-07
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