Tunisia: Selected Issues

International Monetary Fund

No 2004/360, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper attempts to uncover the long-term determinants of the demand for foreign exchange reserves in Tunisia. It assesses the adequacy of current and projected reserves holdings in light of the country’s policy choices. The paper describes recent trends in foreign exchange reserves in Tunisia. Econometric evidence on the determinants of the demand for foreign reserves in Tunisia is presented. The results are used to forecast the desired level of reserves given Tunisia’s medium-term macroeconomic framework and to draw policy implications.

Keywords: ISCR; CR; Tunisia; exchange rate; reserve; foreign exchange; trade potential; trade performance; aggregate trade; accumulation target; trade partner; Unemployment; International reserves; Labor markets; Employment; Exchange rate flexibility; Europe; Global; Middle East; North Africa; East Africa (search for similar items in EconPapers)
Pages: 45
Date: 2004-11-12
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