Cover 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
Author:
International Monetary Fund. Middle East and Central Asia Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 138
Language:
English
Publication Date:
02 Jun 2016
DOI:
https://doi.org/10.5089/9781484373149.002
ISBN:
9781484373149
ISSN:
1934-7685
Pages:
106
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2016: Issue 138