Tunisia : First and Second Reviews Under the Stand-By Arrangement, Request for Waiver of Applicability and Nonobservance of Performance Criteria

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

February 12, 2014

Electronic Access:

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Summary:

This paper discusses Tunisia’s First and Second Reviews Under the Stand-by Arrangement and Request for Waivers of Applicability and Nonobservance of Performance Criteria. Program performance has been mixed. A weak budget composition, lower budget commitments, and deferred cash payments to 2014 resulted in an overperformance of the end-December fiscal target for the central government primary balance. Looking ahead, the program will continue to focus on ensuring short-term macroeconomic stabilization while laying the foundations for sustained reforms that will reduce economic vulnerabilities and generate higher and more inclusive growth.

Series:

Country Report No. 14/50

Subject:

English

Publication Date:

February 12, 2014

ISBN/ISSN:

9781475594843/1934-7685

Stock No:

1TUNEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

92

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