IMF Staff Country Reports

Tunisia: First Review Under the Extended Fund Facility, Request for Waivers of NonObservance of Performance Criteria and Rephasing of Access-Press Release; Staff Report;and Statement by the Executive Director for Tunisia

July 10, 2017

Preview Citation

Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Tunisia: First Review Under the Extended Fund Facility, Request for Waivers of NonObservance of Performance Criteria and Rephasing of Access-Press Release; Staff Report;and Statement by the Executive Director for Tunisia", IMF Staff Country Reports 2017, 203 (2017), accessed 12/5/2025, https://doi.org/10.5089/9781484308653.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Also available infrançais

Summary

This paper discusses Tunisia’s First Review Under the Extended Fund Facility (EFF), Request for Waivers of Nonobservance of Performance Criteria and Rephasing of Access. Most quantitative performance criteria (QPCs) for end-December 2016 were missed and all structural benchmarks (SBs) through March 2017 were delayed. Most delayed SBs, including on private sector legislation, performance contracts for public banks, the civil service strategy, and the large taxpayers unit are now completed. The remaining ones will be achieved by end-2017. The IMF staff recommends the completion of the EFF review and supports the authorities’ request for rephasing of access and waivers of nonobservance of end-December QPCs.

Subject: Credit, Currencies, Expenditure, Government debt management, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, CR, Credit, EFF arrangement, GDP, GDP cycle, government, Government debt management, government program, ISCR, Middle East, reform, reform priority, tax package, Tunisian authorities, West Africa